A donkey derby business has been forced to close because of the lack of available insurance cover for professional liability. The business, one of only two donkey-race operators in the country, had been insured by..
Equitas has strengthened its asbestos reserves by £399mn. The move follows a review of its asbestos liabilities. Equitas now has gross undiscounted asbestos reserves of £5.3bn. The company recently reported investment losses of £72mn for..
The Medical Defence Union is to provide its members with an insurance policy underwritten by Converium Insurance (UK) Ltd. The Converium policy will be issued to members from 1 July 2003 and will replace the..
Chubb is offering its Masterpiece Employment Practices Liability Coverage to its homeowners policyholders in Colorado, Illinois, New Jersey and Utah. This policy covers the costs associated with certain lawsuits from a housekeeper, nanny, cook or..
The $290mn punitive damage award in the product liability case Ford Motor Co v Romo
, is to be reconsidered by the Supreme Court of California. The move, ordered by the High Court, follows the decision..
Liability Insurance: The History of the Future
9–11 September 2003 • Queens’ College, Cambridge • The Tenth Liability Underwriters Group Conference
The programme includes Master Classes; Legal developments in Psychiatric Injury Litigation; Genetic Engineering and the Liability..
The Court of Appeal’s decision to give the defendant sight of the claimant’s conditional fee arrangement (CFA) when negotiating on the claimant’s costs, has been welcomed by the Forum of Insurance Lawyers (FOIL).
According to FOIL,..
The Court of Appeal has ruled in favour of conditional fee agreements (CFAs) in a long running case involving technical challenges by insurers to the deals. Insurers had claimed that lawyers were not complying with..
Travelers Bond, a division of Travelers Property Casualty has expanded the coverage offered in its executive liability package policy, The Wrap, as well as the addition of miscellaneous professional liability coverage.
Enhancements to the policy include..
A survey has revealed that nearly half the people questioned don’t believe that companies who operate personal injury claims services are always honest. And more than half believe that personal injury companies can mislead customers,..
The collapse of the UK’s largest personal injury claims firm Accident Group was reportedly due to its inability to sustain its ‘continual battles with the insurance industry.’ However, the BBC reported that the administrators blamed..
The Federation of European Risk Management Associations (FERMA) has warned that European businesses are increasingly concerned about the health of the insurance market for commercial risks. The concerns include insurer solvency, lack of choice, increased..
AA Insurance Services is to offer employers’ liability to small businesses. The move, reported in Insurance Times magazine, was apparently prompted by customers asking for commercial business products following the launch of a commercial vehicles..
The Association of British Insurers (ABI) says that the Government reports on the future of liability insurance ‘are a positive start in the search for long-term solutions.’ But it has renewed its call for long-term..
A number of US insurers are being sued by the American Dental Association (ADA) and two of its member dentists, under the federal Racketeer Influenced and Corrupt Organization Act (RICO) for insurance abuses against dentists..
The government’s report on employers’ liability insurance has concluded that more evidence is needed to assess whether a radical separation of accident from long-tail disease is justified. However, it has also recommended some short term..
The Office of Fair Trading (OFT) study into UK liability insurance markets has concluded that the markets could work better. The five-month OFT study found that in 2002 average premiums for employers’ liability insurance rose..
The Irish government is planning to set up a Personal Injuries Assessment Board (PIAB) and has already set out draft legislation. The move was prompted by the Irish Motor Insurance Advisory Board which recommended the..
The AA, in conjunction with Which?, are calling for improved European testing standards on child safety seats, after crash tests carried out on 52 child safety seats revealed that many provide poor protection in a..
A study examining road traffic accident fatalities and injuries in the UK during the last 20 years has found that improvements in medical technology and medical care made a significant contribution to the 45% fall..
PI Direct has acquired professional indemnity provider Magian Underwriting Agency and together have formed Magian Mutual to provide new professional indemnity capacity exclusively for independent financial advisers (IFAs). The move is said to be in..
The largest directors and officers broker in the US, according to the latest Tillinghast-Towers Perrin Survey, is Woodruff-Sawyer & Co with 18.8% of the industry’s market share. The company is one of the largest employee-owned,..
A survey by accountants and business advisers, PKF has found that only 43% of non-executive directors had personal indemnity insurance. According to PFK non-executive directors could soon take on further responsibilities and be held accountable..
A new study by the International Labour Office (ILO), entitled ‘Time for Equality at Work’, has concluded that discrimination is still a common problem in the workplace, pointing out that while some of the more..
Over 50% of British businesses are reporting a drop in productivity as a result of workplace stress, according to a survey by business information provider Croner.
The company carried out a survey of businesses using its..
The Financial Reporting Council (FRC) is to delay the introduction of the Higgs recommendations into the Combined Code on Corporate Governance. The FRC is to set up a working group of FRC members to produce..
The Employment Appeal Tribunal has ruled that tribunals should not award non-economic loss, either in unfair dismissal or wrongful dismissal cases. According to Berwin Leighton Paisner, the Employment Appeal Tribunal considered the issue of non-economic..
The Disability Rights Commission (DRC) has urged the Government to urgently introduce legislation to cover people with progressive conditions to ensure they are protected against discrimination from the point at which they are diagnosed. The..
A construction firm in Scotland has issued its workers with factor 25 sunscreen to protect them from skin cancer. The move was apparently in response to figures that show that cases of skin cancer in..
Boeing will not contest liability claims relating to the Alaska Airlines crash in California at the start of 2000, but it stressed it was not admitting liability. It was reported that Alaska Air Group has..
A boiler explosion aboard a cruise ship, SS Norway, has killed six crew members, and injured 18 others. It is the deadliest cruise ship incident in US waters. The explosion happened in Miami port, while..
Victims of oil pollution from oil tanker accidents will see increased levels of compensation in the future, following the adoption of a Protocol establishing an International Oil Pollution Compensation Supplementary Fund.
According to the International Maritime..
A new report by The International Council for Science has concluded that currently available genetically modified foods are safe to eat. However, it adds that, ‘this does not guarantee that no risks will be encountered..
The European Parliament vote in the first reading of the draft Directive on Environmental Liability represents a step backwards for the setting up of a practicable scheme, according to the Comitée Européen des Assurances (CEA)...
Wall Street analysts have been accused of often providing biased research in response to investment banking pressures, according to a new study by the University of Michigan Business School. Analysts routinely hype the stock of..
A $12.5mn lawsuit has been resolved through the double-blind bid system of leading online settlement company Cybersettle, Inc. The settlement is the largest of its kind on Cybersettle and possibly the largest ever facilitated by..
Tough words from the Physician Insurers Association of America (PIAA) which has slammed the Weiss report into caps on non-economic damages, calling it fatally flawed. The PIAA says that ‘While the use of median payment..
Caps on non-economic damages have not prevented major increases in medical malpractice insurance premiums, despite the fact that insurers have enjoyed a slowdown in their payouts, according to a white paper released today by Weiss..
Legislation has been introduced into the US senate designed to create a $108bn asbestos litigation fund in order to tackle the asbestos litigation crisis. The insurance industry and defendant industrial companies would each contribute around..
The Health and Safety Executive (HSE) has published statistics which show that the total number of male work-related mesothelioma cases in Great Britain tripled over the period covered by the statistics, from 2,317 in 1980–85..
The first ever treaty entirely devoted to health, the Framework Convention on Tobacco Control (FCTC), had been adopted by almost all the countries in the world (all 192 World Health Organization (WHO) member states).
Passive smoking does not result in an increased risk of heart disease or lung cancer. This is the conclusion of a controversial new long-term study from California which examined the health of around 120,000 adults..
The Caisse Primaire d’Assurance Maladie, France’s national health insurance fund, is suing a number of tobacco companies. The move, by a regional branch of the fund in Saint-Nazaire, is designed to recoup the costs of..
New research has concluded that electro magnetic fields from overhead power lines do not affect human chromosomes, and therefore are unlikely to cause childhood leukaemia.
Scientists at the National Radiological Protection Board (NRPB) and Brunel University..
Canadian researchers at the University of Toronto are reported to be testing a new vaccine which may be effective in preventing scrapie, BSE and Creutzfeldt-Jakob disease. A study has been published in the journal Nature..
The brewing industry is breathing a sigh of relief after a proposed EC requirement that UK beer be served with the statement: ‘warning: contains fish products’ has been reconsidered.
According to Berwin Leighton Paisner, the aim..
The Department for Transport has warned that the labelling of some over-the-counter medicines is inconsistent, inaccurate and could be a danger to drivers. Research into the impairment effects of drugs and driving by the Department..
US pharmaceutical group Wyeth has said that the number of patients who have submitted claims that allege significant heart valve disease from use of its diet drugs, Redux and Pondimin is higher than anticipated. A..
A US environmental research organisation is urging the federal government to put warning labels on cookware coated with Teflon and similar non-stick coatings. A study by the Environmental Working Group (EWG) reportedly found that this..
The European Commission has issued a study into product liability throughout the European Community, which examined the need for reform of product liability laws in the EU, and in particular, whether a uniform product liability..
A study by Danish researchers has come to the surprising conclusion that computer use does not pose a severe occupational hazard for developing symptoms of carpal tunnel syndrome.
The researchers examined the use of computers on..
The number of reported accidents in NHS trusts is increasing, the gap between the best and worst performing trusts is widening and more NHS trusts need to learn from and implement good practice. This is..
The MMR vaccine may increase the risk of neurological problems, according to a US study. It found that the MMR vaccine was associated with a major increase in the incidence of serious neurological disorders compared..
Despite the vast majority of scientific experts rejecting the claim of a link between MMR and autism, 53% of the British public assumed that because both sides of the debate received equal media coverage, there..
Regular attendance at chlorinated pools by young children is associated with an increase in the risk of developing asthma, according to a new study, though it stressed that this was ‘especially in association with other..
Nearly 70% of consumers in the US blame attorneys and the legal system for surging medical malpractice rates, according to a survey conducted by Weiss Ratings. While 68.6% of respondents found lawyers and the court..
The Medicines and Healthcare Products Regulatory Agency (MHRA) is to carry out a new inquiry into the safety of widely prescribed antidepressant drugs, including Seroxat and Prozac and others of their class, in response to..
Employment tribunals do not have jurisdiction over alleged racial discrimination made against the Special Training Authority of the Medical Royal Colleges as it has its own procedures for dealing with such complaints. The Court of..
The Court of Appeal ruled that the failure to comply with statutory regulations for the lowering of lifeboats gave rise to a civil action for damages by seamen injured by that failure. The original judge..
Professor at a university suffered a nervous breakdown caused by the stress of a restructuring, to which he was opposed. In the initial ruling, the judge said that the senior management at the university were..
In claims of unfair dismissal in employment tribunals, there is no recovery for non-economic loss. Employment Appeal Tribunal considered three unrelated unfair dismissal cases, in the light of the House of Lords decision in Johnson..
There is no duty for the Ministry of Defence to maintain a safe system of work for service personnel when they are in combat situations. The court therefore dismissed the claims for damages by former..
The Employment Appeal Tribunal must be cautious before allowing the appeal to proceed on one of the grounds of appeal, but not allowing the appeal to proceed on another. This was especially so when the..
A doctor who was alleged to have deliberately misled a patient, her general practitioner and the hospital authorities over an operation, should have been investigated under disciplinary procedures relating to professional conduct rather than personal.
The acceptance of a payment into court which exceeded a settlement offer did not absolve the defendant from its liability to costs. The court dismissed an application from an airline for an order that it..
Conditional fee agreements should be disclosed to the paying party in costs proceedings where costs were claimed, and where the paying party objected to an order made against them on the basis that the arrangement..
A human resources manager has received £19,000 compensation from her employer in an out-of-court settlement after claiming that her job was worth the same as the male financial controller’s.
According to the Equal Opportunities Commission (EOC),..
Aetna, the US health insurer, is to settle a class action involving more than 700,000 US doctors. The action was based on allegations that Aetna had wrongly cut reimbursements and undermined doctors’ care of patients...
A woman whose millennium holiday in Barbados was ruined has been awarded £25,000 damages. The woman rented a luxury holiday villa in Barbados for friends and family over the millennium celebrations.
The four-bedroomed villa was described..
It has taken years of discussion, argument and debate, but after numerous delays, the UK government has finally announced that it is to bring in a new law on corporate manslaughter. The law will basically..
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