Insurance and Reinsurance Briefings
The government has now confirmed that ‘protected persons’ will not be prejudiced by the statutory override contained in the Pensions Bill.
InCredit — March 2014: insurance download subscription
The insurance section of the March edition of InCredit features a guide to CMCs and complaints handling and discusses the FCA’s comment on the proposed PPI time limit.
What sort of PII issues are likely to face practitioners contemplating accreditation and their insurers?
IRS releases final regulations on ‘Pay or Play’ download subscription
On 10 February 2014, the IRS published long-awaited regulations on the employer shared responsibility provisions under the Patient Protection and Affordable Care Act.
InCredit — February 2014: insurance download subscription
The insurance section of InCredit focuses on the ABI good-practice guide for mobile phone insurance providers and more.
Why pension funds are finding Bermuda captivating subscription
Steve Webb has confirmed that the government is ‘actively exploring’ if it can amend the Pension Protection Fund (PPF) legislation in regard to employer insolvency.
Investec & ors v Glenalla & ors — the risks faced by the trustees of an insolvent trust download subscription
The recent judgment in the Guernsey case of (Investec & ors v Glenalla & ors) deals with the risks faced by the trustees of an insolvent trust.
AAA: Game Station — fair play? download subscription
Rent accruing during a period of administration should be treated as an expense of the administration, irrespective of the date on which it falls due for payment.
Acas publishes final draft of statutory code of practice for handling flexible working requests download subscription
Acas has published the final draft of the statutory code of practice that will govern the new extended right to request flexible working.
Where there is a will, there may be a (costly) way — family disputes over wills in Bermuda download subscription
Family disputes over the provisions of a will are a relatively common occurrence in Bermuda courts.
Headlines from the Law Commission report on matrimonial property, needs and agreements — part one download subscription
The Law Commission has published its much awaited report on matrimonial property, needs and agreements.
2013 insurance industry year-end review and forecast for 2014 download subscription
DLA Piper analyses some of the key commercial and regulatory developments of the past year and provides some prognostications regarding the coming year(s).
From the firm of the week
Insurance-linked securities: cat bond, cat fight subscription
In 2013, ILS products became more popular and, importantly, products which traditional P&C reinsurers started to actively engage with and underwrite.
Court construes in-transit loss clause in voyage charterparty — Trafigura Beheer BV v Navigazione Montanari Spa (Valle di Cordoba) subscription
The Commercial Court has recently considered the meaning of the expression ‘in-transit loss’ in a voyage charterparty.
Shipping E-Brief — winter 2014 subscription
The Shipping E-Brief is a quarterly publication providing information on key legal decisions and developments in shipping and related business areas.
Private Equity Perspectives — March 2013: penalty clauses — the importance of careful drafting download subscription
When entering into corporate and commercial contracts, it is common to structure the deal so that if there is a breach it can be compensated without having to bring court proceedings.
Case law round-up — Pensions Matter, March 2014... an overview of key pension cases and their practical implications subscription
In McCoy, it was held to be reasonable for the trustees of a SIPP to require the beneficiary of a lump-sum death benefit to complete a form of discharge prior to paying out the discretionary benefit.
UK ICO publishes new code of practice on privacy impact assessments download subscription
On 25 February, the UK Information Commissioner’s Office (ICO) published its updated code of practice on conducting privacy impact assessments.
Business immigration — tips for the unwary download subscription
These tips will help those individuals who are new to the world of business immigration, as well as seasoned experts, as they highlight a few common issues.
Insurance and Reinsurance Analysis
As the renewal season for professional indemnity insurance approaches, insurers see the market hardening
The collapse of several insurers won’t worry the smart set, but it is likely to be a problem for smaller law firms
After-the-event insurance has been a popular way of protecting claimants against a loss in litigation but its future is now in question
Changes to the way solicitors insure themselves are kicking in this year. Our peer panel surveys the new landscape.
The ARP is on its way out and law firms are becoming more commercial, which should make renewals less fretful
Lawyers and underwriters are getting battle-ready for the new ATE arena as Jackson LJ’s litigation reforms approach
Regulation is the overriding issue for in-house insurance lawyers. Our experts examine where they allocate legal spend in a rapidly changing environment
The PI insurance market is in a transitional phase, with new entrants heralding better times for smaller practices and fewer firms ending up in the assigned risks pool. By Martin Hall