Regulation – Page 48
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News
Quarter of a billion worth of claimant damages stuck in litigation process – Zurich
Road traffic accident claimants are having to wait for more than a year before being heard in court, finds the insurer’s analysis
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News
Plans for post-Brexit European Health Insurance Card replacement revealed
The new card will not be valid in four places that were previously covered by the EHIC
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News
Music lobby group calls on government to underwrite festival insurance schemes
The music lobby group is working with the government to identify how it can hold live music events safely and reduce the risk of contracting the virus
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Features
Changing agricultural trends set to influence farmers’ insurance needs – McLarens
Leaving the European Union will mean plenty of change for UK farmers, including the diversification of crops away from just food production. Insurance Times explores how this will impact on farmers’ insurance requirements as the agriculture sector’s risk profile grows
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News Analysis
ComparetheMarket fine exposes perils of ‘most favoured nation’ clauses
’Most favoured nation’ clauses have existed longer than there have been PCWs, but ComparetheMarket’s recent fine shows how they can undermine the market
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News
Government’s trade credit reinsurance scheme extended
The temporary support measures will now run until June 2021
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News
Conveyancing firm’s demise highlights solicitors’ PI cover crisis
The 24 staff of conveyancing firm Notary Express should have been enjoying a well-earned Christmas break after a successful year. Instead they are having to find another job because no insurer will cover the professional indemnity risk
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News
Convex parts with SCOR to secure post-Brexit EU access
Partnering with an EU entity is one of several ways by which a UK insurer or broker can continue to trade on the continent after Brexit
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News
European Commission to extend Aon-Willis merger probe
The Commission has until May next year to make its decision on the merger
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News
Motorists risk being turned away from ports without Green Card, warns BIBA
In a matter of day, motorists will need to show evidence of insurance when they travel to the European Union
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News
Covid-linked D&O claims are ‘a significant area for focus’ – Fenchurch Law
In particular, firms facing insolvency may struggle to find cover under directors’ and officers’ policies due to recently implemented coronavirus exclusions, says law firm partner
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News
Irish regulator finds that ‘dual pricing is evident’ within home and motor markets
Customers with the longest tenures are paying the most for insurance, according to market analysis
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Features
Briefing: The LiP portal a year on – still no nearer to being launched?
The personal injury sector is chomping at the bit to discover whether the LiP portal will actually be ready for use come April 2021 – this has no doubt felt like a long, nail-biting waiting game for industry professionals
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IT Interview
Covid-19 pandemic exacerbates opioid crisis as claims surge again
With the Covid-19 pandemic still ongoing, there has been a surge in claims for opioids. Sedgwick’s senior medical officer tells Insurance Times why the situation has worsened and what the loss adjustor has been doing to tackle it
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Agenda
Opinion: A year to forget for many, while opportunity knocks for others
Insurance Times managing editor Yannick Guerry mulls over how 2020 has panned out, with brokers questioning service standards and reputational gains still up for grabs
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News
Law firm partner predicts ‘more and more coverage disputes’ for excess layer insurance
Brokers may well get caught in the ‘argy-bargy’ too if primary insurers and excess layer insurers disagree on coverage decisions
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News
‘Blanket’ broker PI exposure following Covid BI fallout is ‘overhyped’ – Fenchurch Law
Following the FCA’s business interruption test case, law firm partner says ‘of course there’s going to be broker exposure’ in relation to professional indemnity claims
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News
Data sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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News
FCA launches consultation to determine how to prove Covid-19 presence for BI claims
The regulator wishes to be prepared should the Supreme Court agree with the High Court’s judgment
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News
Broker boss denies allegations he ‘grabbed a woman’s crotch and bottom’
The next hearing will be on 7 January