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Insurance UK
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June 06, 2025
Gov't To Face Judicial Review Over State Pension Redress
The High Court has granted approval for a challenge to the government's decision on compensation for failure to inform women that their pension age had changed, a move activists have termed a "landmark moment."
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June 06, 2025
UK To Launch Delayed Second Phase Of Pensions Review
The government said it will soon launch the delayed second phase of its pensions review, in what experts hope could be the biggest shakeup for the sector for 20 years.
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June 06, 2025
UK Pensions Bill To Transform Trustees' Role, Watchdog Says
Britain's retirement savings watchdog has said it will look to other regulators and governance standards for guidance to ensure that pensions trusteeship is ready for the "transformational" impact of reforms that have recently been announced.
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June 06, 2025
UK Floats Legislative Fix For Virgin Media Pensions Case
The government has said it will push through legislation to deal with the legal fallout for pension trustees from a landmark Court of Appeal ruling in 2024.
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June 05, 2025
Meta Pressed By MPs Over Slow Removal Of Harmful Content
A group of influential MPs said Friday that they have written to Meta asking the Facebook-owner to explain its tardy responses to requests by the City watchdog for the removal of harmful content from financial influencers appearing on its platforms.
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June 05, 2025
UK Pension Assets Hit £3.2T Amid Shift To Private Markets
The total value of U.K. pensions grew by 11% in 2024 to £3.2 trillion ($4.3 trillion), the Pensions Policy Institute has said, noting a movement to private market investment in a "period of transition" in Britain.
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June 05, 2025
UK Insurers Abusing Dishonesty Defense, Legal Body Warns
Insurers are using allegations of fraud in a "scattergun" approach in defending against personal injury claims, a legal trade body warned Thursday.
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June 05, 2025
Gov't Unveils Landmark Pension Reforms To Boost Savings
The government has unveiled a raft of pension reforms that it said will dramatically boost the savings of millions of British workers.
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June 05, 2025
Ombudsman Eyes Interest Rate Cut On Compensation Awards
The financial disputes body has proposed lowering the interest rate it applies to compensation awarded to people who have lost money as it pushes to modernize redress in the U.K.
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June 05, 2025
UK Ransomware Ban Could Boost Cost Of Cyber-Insurance
The cost of buying cyber-insurance for the public sector and critical infrastructure could rise significantly because of a proposed ban on paying ransomware demands, experts warn, as the U.K. government looks at ways to disrupt the income of online criminals.
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June 04, 2025
DWF Argues Privacy Claim A Litigation Ploy At Trial
DWF Law LLP argued at trial Wednesday that a claim by three people that the law firm unlawfully shared their health data was only brought to "secure an advantage" for their lawyers in separate proceedings against insurers.
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June 04, 2025
Most UK Pension Plans Mulling Surplus Use, LCP Says
Most defined benefit pension plans are either actively considering or already planning to use their retirement plan surplus amid government rule changes, according to consultancy Lane Clark & Peacock.
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June 04, 2025
Sustained Investment Needed For Flood Resilience, ABI Warns
The Labour government must commit to "substantial and sustained investment" to improve flood resilience across the U.K., the Association of British Insurers has said.
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June 04, 2025
Lloyd's Broker Faces 2027 Trial Over $3M Bribery Scheme
A Lloyd's of London broker is scheduled to stand trial in 2027 over allegations it failed to prevent its associates in the U.S. from bribing an Ecuadorian official in exchange for lucrative reinsurance contracts worth $38 million.
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June 04, 2025
Pensions Watchdog Floats 'Endgame' Guidance For Providers
The U.K.'s retirement savings watchdog has laid out new guidance for pension plans approaching their endgame after the government floated new laws last week that would allow surplus extraction.
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June 04, 2025
Police Crack Down On UK Insurance 'Ghost-Broking' Fraud
The financial crime police unit has said it has carried out a national campaign to target the rise of "ghost-broking" fraud, which is on the rise fueled by social media.
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June 03, 2025
Kennedys' Revenues Top £400M In New Record For Firm
Kennedys said Wednesday that it has posted revenues of more than £400 million ($540.8 million), a figure that smashed the previous year's total as the firm recorded growth for the 11th consecutive year.
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June 03, 2025
Insurer Seeks £34M From Cigna For Missold PPI Complaints
PA (GI) Ltd. said it is entitled to recover from Cigna more than £34 million ($46 million) it has spent dealing with missold payment protection insurance claims, arguing at trial on Tuesday that it dealt with those complaints in the "fairest" and "most cost-effective" way.
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June 03, 2025
New FCA Enforcement Guide Revises Rules On Case Publicity
The Financial Conduct Authority on Tuesday released its revised enforcement guide, setting out additional circumstances when it may publicize investigations.
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June 03, 2025
FRC Simplifies Reporting Rules For UK Asset Managers
The accounting regulator published its updated 2026 UK Stewardship Code on Tuesday, pruning back the reporting burden by between 20% and 30% for many large asset managers and investment groups.
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June 03, 2025
Aviva Warns Over Fire Risk Amid Rising UK Temperatures
Insurance giant Aviva warned British homeowners on Tuesday to be vigilant about the risk of fire to their homes and gardens as the country looks likely to experience the warmest spring for a century.
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June 03, 2025
UK Retirement Costs Drop As Energy Prices Ease
The estimated cost for a minimum standard of living in retirement has fallen for both one- and two-person households, a trade body for the sector said Tuesday, driven largely by a "substantial reduction" in U.K. energy costs.
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June 02, 2025
FCA Pledges Action On Insurers Over Client Harm Complaints
The Financial Conduct Authority has said it will act where it finds general insurers harm consumers following a complaint by Which?, the advocacy group, which includes a petition signed by 170,000 consumers.
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June 09, 2025
Shoosmiths Hires Worldpay Deputy GC To Drive Fintech Push
Shoosmiths LLP said on Monday that it has hired a senior lawyer at payments giant Worldpay as it looks to continue expanding its presence in financial services and technology, two key sectors for the firm.
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June 02, 2025
AI Use Soars Among UK Cos. Despite Rising Cyber-Risks
More than 90% of U.K. businesses are either looking at or already using artificial intelligence tools, despite a vast number believing that cyberthreats are on the rise, according to research by insurer QBE released Monday.
Expert Analysis
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Frustrating Events: Are Your Contracts Brexit-Proof?
In Canary Wharf v. European Medicines Agency, the U.K. High Court recently ruled that the U.K.'s withdrawal from the European Union will not discharge the EMA's lease obligations. Following Brexit, most similar arguments invoking force majeure or frustration are unlikely to succeed, say Rebecca Dipple and Wayne Hofer of Orrick Herrington & Sutcliffe LLP.
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Simple Secrets For Writing A Killer Brief
These days, the legal profession offers meager opportunity for oral argument, so we need to focus on being better, brighter, tighter writers. And the key to writing a better brief is grabbing your judge's attention with a persuasive, well-crafted story, says Daniel Karon of Karon LLC.
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What 2019 Has In Store For UK Data Protection
Many of the big data protection compliance themes of 2018 will continue on this year, including even General Data Protection Regulation preparation, but the possibility of a no-deal Brexit may complicate matters, says Stewart Room of PwC LLP.
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Opinion
Brexit International Arbitration Clause Is Misunderstood
Much of the criticism aimed at the international arbitration clause in the recent Brexit withdrawal agreement unfairly identifies a perceived lack of transparency and appears to be based on a lack of understanding about the process, says Margarita Michael of O'Melveny & Myers LLP.
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The Lawyer's Daily
How To Requalify As A Lawyer In Canada
Becoming a lawyer in Canada is a challenging experience for foreign qualified lawyers. In addition to the bar exam, hurdles include obtaining certification from the National Committee on Accreditation, and complications from moving to Canada halfway through the process, says Kyle Abrey, in-house counsel at the Royal Bank of Canada.
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Legal Technology Is Likely To Flourish In The UK
The U.K. may soon surpass the U.S. in legal technology, thanks to regulatory reform, law firm investment and an entrepreneurial environment, says Bridget Deiters of InCloudCounsel.
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Opinion
Legal Operations Teams Are Gaining Popularity In EU
As the European and global economies continue to change, any legal department that does not want to get outflanked by faster, more agile competitors should consider the value that legal operations teams have to offer, says Hans Albers, president of the Association of Corporate Counsel Europe.
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Why Proper Document Redaction May Be An Ethical Duty
Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.
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Why The Flood Of GDPR Litigation Has Been Delayed
Eight months into the General Data Protection Regulation regime, we have not yet seen the expected deluge of U.K. class actions, but be warned — the floodgates will not remain closed, says Bryony Hurst of Bird & Bird LLP.
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Opinion
Law Schools Should Be More Like Medical Centers
Medical centers and their faculty matter to the practice of medicine. Law schools and their faculty do not matter to the practice of law, says J.B. Heaton of J.B. Heaton PC.
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Opinion
Courts Are Getting It Right On Litigation Funding Discovery
Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.
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Worldwide Freezing Orders Can Backfire Without Proper Care
Worldwide freezing orders, which preserve a respondent's assets until the outcome of the substantive case, are an important weapon in the arsenal of a commercial litigant. However, as FSDEA v. Dos Santos demonstrates, courts lay heavy obligations upon WFO applicants, says Nicola McKinney of Grosvenor Law Ltd.
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UK Litigation And Guidance Highlight Cybersecurity Risk
Recent developments in the United Kingdom emphasize the importance of companies implementing cybersecurity measures proactively both to prevent incidents and to argue in mitigation when, not if, the company does suffer a data breach, say Guillermo Christensen of Ice Miller LLP and Anupreet Amole of Brown Rudnick LLP.
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2 BVI Cases Explore Scope Of Proper Purpose Test
Two recent cases in the Eastern Caribbean Court of Appeal have presented British Virgin Island courts an opportunity to develop a local jurisprudence regarding the BVI Business Companies Act and provide guidance on how the proper purpose test is to be applied, says Rosalind Nicholson of Walkers Global.
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Last-Minute Brexit Preparations For EU Financial Firms
As the deadline for a hard Brexit draws ever closer, financial firms operating in the United Kingdom or European Union must consider how possible outcomes will impact transactions and contractual relationships, and take steps to mitigate business interruptions, say Gilles Kolifrath and Linda Sharkey of Kramer Levin Naftalis & Frankel LLP.