Posted 28 November 2014 by Donna Scully
What an exciting final Fraud Charter meeting we had recently and a great culmination of the three previous gatherings and all the hard work that has gone into preparing the Fraud Report 2014.
Posted 11 August 2014 by Donna Scully
Recoverable legal costs have been dramatically reduced, not only in the Portal (April) but in fixed recoverable costs (FRCs) and post issue costs. There have also been huge cost reductions in EL/PL work too since July this year.
Posted 21 July 2014 by Donna Scully
The starting point is that raising the small claims limit is a very draconian step to take in relation to access to justice for innocent accident victims. It has to be a "last resort" when nothing else works .
Posted 19 June 2014 by Donna Scully
Professor Dominic Regan recently that we have a new verb in our legal language. Lawyers do a “Mitchell” – or worse – are “Mitchelled”. The Court of Appeal’s decision in that case to restrict the circumstances in which parties can obtain relief from sanction has had a significant impact on the industry.
Posted 16 June 2014 by Donna Scully
There’s no doubt that 2013 has been a turbulent year for the industry and the hurried reforms in April to LASPO and others areas has further spread uncertainty. Preparing for these changes was nightmarish and all we could do was use the knowledge we had to plan ahead. This wasn’t an easy or pleasant time for anybody in our industry.
Posted 31 March 2014 by Donna Scully
Will independent medical panels spell the end for exaggerated claims? The Ministry of Justice announced last October that steps would be taken to ensure medical reporting of injuries is more robust.
Posted 03 March 2014 by Phillip Witterick
More so than at any other time personal lines Insurers in the broker channel are scrutinising who brokers use for claims management and considering taking various forms of action where who the broker appoints for their claims handling, is at odds with the Insurers views and values or where MI suggests that choice is damaging to loss ratios.
Posted 24 February 2014 by Donna Scully
It is difficult to say which technology is best for the claims sector as each business will find the best fit for their business; each firm will need to select the product that best fits the ethos of their business and there is a vast array of choice so not one solution fits all.
Posted 06 January 2014 by Donna Scully
The cost of fraud is currently at £3 billion per year and is set to rise. Whilst reported estimates vary, there can be no doubt that fraud remains a significant problem affecting the indemnity spend of insurers and resulting in inflated insurance premiums.