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28 March 2017

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Court takes PII claims aggregation rules back to basics

28 March 2017

Lawyers have welcomed a closely watched UK Supreme Court ruling involving solicitors' professional indemnity insurance (PII) as a "back-to-basics" verdict after the judgment removed recent lower court embellishments to claims aggregation rulesRead more


Top three insurance law firms retain grip on market

24 March 2017

Clyde & Co, Kennedys and RPC have maintained their leading positions in the London market, despite a wider decline in the use of lawyers in claims disputes, according to research by GracechurchRead more


Aon fights to keep Alliant non-compete case in Chicago

23 March 2017

Aon has attempted to shoot down a last ditch attempt by Alliant to move an embittered poaching dispute from a federal court in Illinois to California, where non-compete clauses carry less weightRead more


UK Supreme Court allows AIG Europe appeal on PI claims

23 March 2017

The UK Supreme Court on Wednesday (22 March) handed a partial victory to AIG Europe in a three-year-old court case involving investors in Moroccan and Turkish holiday developments who are pursuing claims under a defunct law firm's professional indemnity (PI) insuranceRead more


AJ Gallagher claims manager jailed for five years

22 March 2017

A claims handler at a managing general agent owned by Arthur J Gallagher has been jailed for five years after embezzling £1.8mn ($2.2mn) from his employerRead more


US securities class action settlements hit 4-year high

16 March 2017

US courts last year approved the highest number of securities class action settlements since 2010, data from Cornerstone Research has revealedRead more


LaMia stripped of $300mn liability limit ahead of fatal crash

14 March 2017

Bolivian charter airline LaMia was left significantly underinsured after its in-force liability coverage was cancelled just months before a fatal crash that killed 71 people in November last year, The Insurance Insider can revealRead more


UK insurers settle historic Cape asbestos case

13 March 2017

UK industrial materials manufacturer Cape plc has agreed to pay a £52.5mn ($63.8mn) product liability settlement to Aviva, RSA and Zurich related to litigation over the carriers' historic employers' liability (EL) exposuresRead more


Asbestos claims and class action reforms pass House

10 March 2017

The US House of Representatives has passed a bill that would increase transparency related to asbestos trusts and clamp down on spurious class action claimsRead more


Florida AOB crisis flares as groups game system: study

9 March 2017

Florida’s assignment of benefits (AOB) crisis can be partly blamed on a small number of lawyers and service providers who have helped fuel the explosive growth in lawsuits brought against insurers in recent years, a new study showsRead more


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