Lloyd’s push for primary drone legislation in UK
The Lloyd's Market Association suggested that the introduction of primary legislation would be necessary in order to align the regulation of drone operation with those of manned aircraft [...]
Legal
Qatar Re rolls out Adsensa document analysis software
Rather than physically reviewing a 90-page policy line by line, Match instantly highlights a clause or word added or removed, allowing underwriters to apply their judgement to the renewal [...]
Western (re)insurance markets now losing 10% to new Russian NRC
No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia's central bank is now attempting to counter these effects with the creation of the NRC. [...]
Asbestos lung cancer victims who smoked may see claim values reduce
"The case is of interest to insurers, as the 30% contributory negligence deduction is a higher deduction than those made in Badger (20%), Shortell (15%) and Horsley (20%). Bearing in mind the relatively high value of many such claims, the savings can be significant. [...]
The Claims Portal in review 2014
Could RTA claim notifications be set to peak in 2014? We analyse the Claims Portal’s dashboard data to crunch the numbers. Ever since the data began to be collected in May [...]
Could ADR have protected Lloyd’s in battle against the Rolling Stones?
The way disputes are resolved has changed significantly in recent years, and as the Rolling Stones case highlights, clients and lawyers should think carefully about their options before jumping straight into court proceedings. [...]
UK consumers reject government plans for US-style collective action lawsuits
New study claims that UK consumers disagree with proposals to introduce opt-out collective actions. The U.S. Chamber Institute for Legal Reform (ILR) says 57 percent of [...]
CBI warns against class action proposals
The CBI has argued that proposals to enable group actions against companies will damage business in the UK. Responding to the launch of a Department for Business, Innovation [...]
