Regulation – Page 39
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News
Employment claims influx ahead following furlough scheme closure – ARAG
Rates in the employers practices liability insurance market were hardening prior to the pandemic – some non-specialist providers had already withdrawn
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News
‘Appropriate’, not heavy, regulation needed for broking sector – Biba
The FSCS’s initial £1.04bn levy figure ‘must have been scribbled on the back of a fag packet’, says the trade association’s non-executive director
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News
Biba 2021: Day One
An expert panel at Biba’s conference yesterday debated the issues that arose from coronavirus-linked BI claims, and highlighted related upcoming issues
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News
Landmark judgment sees major insurance implications for dental profession
Law firm urges dental practices to obtain the right level of insurance as new judgment holds owner ’vicariously liable’ for negligence as opposed to the dentists involved
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News
Insurers brace for claims following New Providence Wharf blaze
The government aims to reclad all unsafe tower blocks by the end of 2021
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IT Interview
Peter Clarke: Insurercore sets sights on US and Irish markets amid platform relaunch
The firm has aspirations of expanding into other markets and wants to be a lifeline for brokers
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News
RSA takeover set to complete by end of May
As the deal with Intact and Tryg receives regulatory approvals, group chief exec says the business ‘has never been in better shape’, despite paying more than £45m for BI-related Covid claims
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Breaking News
Quantum queries causing BI compensation logjam - Momenta Group
Up to one third of companies making business interruption claims during lockdown are still waiting for compensation
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Features
Briefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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News Analysis
Peers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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News
Aston Lark Ireland launches amid merger completion
The broker’s launch into the Irish market marks a ’significant milestone’
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News
Co-op’s former underwriting business in run-off amid Markerstudy deal
Soteria Insurance has an arrangement with Markerstudy Group whereby it will administer Co-op’s car and home policies up to renewal, if bought before 3 December
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Features
In Focus: What are the most pressing issues for the insurance sector post-pandemic?
The four panel chairs of Biba’s upcoming annual conference in May discuss the most urgent challenges for the insurance industry, as well as explain what the trade body’s annual conference means to them
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News
Aviva extends building insurance to new customers with cladding woes
The insurer wants to provide a ’transparent, sustainable framework’ to help residents whose buildings have external combustible cladding
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News
Trade association makes written intervention for Lloyd v Google
Law firm RPC, representing techUK, says its client is ’uniquely placed’ to make a written intervention and highlight the consequences for the wider technology community
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Features
Briefing: FCA’s ‘fair value’ is huge challenge for SME insurance
SME is also included in the FCA’s changes on pricing and product value
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News
Wolseley restaurant owner in battle over business interruption payout
The FCA test case ruled in favour of the majority of policyholders, however some businesses are still allegedly struggling to get payouts
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News
Government set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
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Features
Aon-WTW merger comes down to divestment deals
Smaller brokers may be able to pick up bargains as Aon and WTW look to dispose operations to get merger green light
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News
Supreme Court holds insurer liable for bar patron death
Judges find that exclusion within public liability policy does not apply to Aberdeen case