Stop press... Possessions cover

Possessions coverUK insurance brokers looking to expand their portfolio of personal insurance products can take advantage of a new service - www.cover4brokers.com The service, launched by Manchester-based UK & Ireland Insurance Services, enables other brokers to offer competitive rates on personal possessions policies for students, nurses, graduates and those living in shared accommodation.

Network Extra staysCamberford Law chairman and chief executive Richard Sheik has denied rumours that the company is to shut down Network Extra. He said the network was continuing within Camber-ford Law plc, and that business was going well.

Marsh team movesAlexander Forbes has acquired Marsh's Channel Islands-based employee benefits team. Marsh employee benefits services chief executive John Cooper said: "Alexander Forbes' agreement to acquire the book of business and to take on the staff who administer this book will help to ensure a seamless transfer for our clients in the islands."

LCL scheme winRun-off specialist LCL Group has won the contract for what is believed to be the first solvent scheme of arrangement for the UK branch of a US corporation. On Tuesday, a court approved the application made on behalf of the US-based Quincy Mutual Fire Insurance Company for a formal order to establish the solvent scheme that relates to the company's London operations. The scheme will be managed by LCL Group.

MOD seals recordsThousands of Ministry of Defence (MOD) documents have been sealed due to asbestos contamination.The MOD discovered the archives containing all of its most highly sensitive files were contaminated by asbestos, said a report. The files include documents relating to British nuclear policy and defence and intelligence assessments throughout the cold war.