Insurance UK

  • January 23, 2025

    Watchdog Restricts Scottish Broker Over Premium Concerns

    The Financial Conduct Authority has restricted a Scotland-based insurance broker from carrying out regulated activities over "concerns" the business has sold policies but failed to pass on payments to insurers.

  • January 23, 2025

    Archaeology Trust Sues Blake Morgan Over Pensions Advice

    An archaeological trust has accused Blake Morgan LLP of providing negligent advice on the closure of its pensions plan, telling a London court that a failure to validly shut the savings scheme led to £2.5 million ($3.1 million) in extra payouts.

  • January 23, 2025

    Gov't Floats Tweak To Pension Tax As £49M Returned

    The government confirmed Thursday that it will close a controversial loophole that has resulted in retirees being overtaxed to the tune of £1.3 billion ($1.6 billion) over the past decade.

  • January 23, 2025

    5 Questions For Katten Partner Nathaniel Lalone

    The Digital Operational Resilience Act has set tough new rules for financial businesses in the European Union to prevent disruptions in digital services from external providers. Here, Nathaniel Lalone, of Katten Muchin Rosenman LLP, tells Law360 about how the act could have an impact on some financial entities in Britain.

  • January 22, 2025

    Tyson Foods' Insurer Can Sue Over Fire Payout In England

    Tyson Foods' captive insurer can pursue litigation against a reinsurer in England for payouts following a fire at one of the food giant's Alabama plants, after a London court found the companies had chosen the English jurisdiction to take priority over arbitration in New York.

  • January 22, 2025

    Steakhouse Settles With QIC Europe Over COVID-19 Payout

    A steakhouse restaurant chain has reached a settlement with its insurer in a multimillion-pound dispute over its business interruption policies in connection with the national lockdowns imposed during the COVID-19 pandemic.  

  • January 22, 2025

    UK Gov't To Tap Into Bank Accounts Of Benefits Fraudsters

    Benefits cheats who fail to reimburse taxpayers could have cash owed taken directly from their bank accounts, as part of the U.K. government's plan to launch the "biggest fraud crackdown in a generation."

  • January 22, 2025

    UK Gov't Maintains Pensions Enrollment Earning Trigger

    The government has said it will retain the current earnings threshold at which workers are automatically enrolled into pension plans, despite an intention to reform the rules.

  • January 22, 2025

    UK Insurance Premium Tax Haul Up 10%, Hits Record £6.7B

    The U.K. government raised a record £6.7 billion ($8.3 billion) in insurance premium tax in the first nine months of the financial year ending March, up 10% from the corresponding period a year earlier, according to HMRC figures released Wednesday.

  • January 21, 2025

    La. Judge Lifts Arbitration Order In $7M Ida Damage Case

    A Louisiana federal judge lifted a stay and vacated an order to arbitrate a $7 million Hurricane Ida damage claim against domestic surplus insurers, ruling that a recent decision from Louisiana's top court represents an "'intervening change in the controlling law.'"

  • January 21, 2025

    Royal London Data Boss Loses Early Battle Over Redundancy

    A data privacy lead can't revive a bid to reinstate his job until trial because he failed to provide an employment tribunal with any new evidence showing that the Royal London Mutual Insurance Society made him redundant by punishing him.

  • January 21, 2025

    Climate-Related Financial Reporting 'Inconsistent,' FRC Says

    Britain's audit watchdog on Tuesday said the quality of the first round of mandatory climate-related finance disclosures by large British businesses was "inconsistent," but is set to mature as companies adapt to the requirement.

  • January 21, 2025

    Insurers Fight To Slash COVID Biz Interruption Claims

    Insurers sought on Tuesday to drastically scale back payouts for hospitality businesses closed during COVID-19 pandemic lockdowns five years ago, in a test case that could have a much wider impact on hundreds of other policyholders.

  • January 21, 2025

    Investment Bosses Lose Appeal Of £37M Fraud Convictions

    Two directors of an ethical-investment scheme failed to overturn their convictions for defrauding investors out of £37 million ($45.5 million), as a London appeals court ruled Tuesday that the charges against them were clear and well understood at trial.

  • January 21, 2025

    Moderate Retirement Pension Gap Rises To More Than £31K

    U.K. households face a £31,500 ($38,700) average pension shortfall compared with the amount needed for a moderate standard of living in retirement, according to a report by Hargreaves Lansdown published on Tuesday.

  • January 21, 2025

    Reach Newspaper Group To Fill £5M Hole In Pension Fund

    Publisher Reach PLC has confirmed it will plug a £5 million ($6.2 million) funding gap in one of its retirement saving plans after it discovered a "historical error" during preparations for a pension buyout.

  • January 27, 2025

    Ashurst Expands Consulting Team With New UK Head

    Ashurst said on Monday that it has hired a new chief for its risk advisory business in the U.K. as clients increasingly face challenges that require more than legal advice, with concerns about cybersecurity and environmental, social and governance matters at the top of their list.

  • January 20, 2025

    Florida Reinsurance Broker Launches London Offering

    The reinsurance brokerage arm of Florida-based Baldwin Group has said it has entered the London market in what the business called a "major milestone."

  • January 20, 2025

    COVID Biz Insurance Litigation Returns With Test Case Appeal

    A group of insurers will challenge test-case litigation over business interruption insurance in connection with the COVID-19 pandemic at the Court of Appeal in London on Tuesday, a hearing that lawyers say could have a long-term impact on disputes over cover.

  • January 20, 2025

    Gov't Urged To Act On Rising Pensioner Poverty

    The government must take immediate and targeted action to halt growing poverty among the oldest in society, by supporting those failed by the means-tested benefits system and legacy state retirement savings plans, a left-wing advocacy group has said.

  • January 20, 2025

    BoE Backs Gov't Call For Growth-Friendly Regulation

    The Bank of England's regulatory arm told the government in a letter published on Monday that it will support economic growth by simplifying some rules for banks and insurers.

  • January 20, 2025

    Gov't Gets Mixed Reception On Inheritance Tax Pension Plans

    Proposals by the U.K. government to bring pension assets within the scope of inheritance tax will result in "numerous problems" and raise concerns in their current form, a trade body and consultants warned on Monday.

  • January 17, 2025

    Aegon Calls For State Pension 'Triple Lock' Rethink

    Insurer Aegon on Friday said a rethink of the state pension "triple lock" policy would bring more "intergenerational fairness" after opposition leader Kemi Badenoch sparked debate this week by suggesting her party may consider reforming the commitment.

  • January 17, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen the family of the late chairman of Leicester City FC sue a helicopter manufacturer for £2.15 billion ($2.63 billion), Vivienne Westwood bring a copyright claim against the late designer's foundation and blockchain giant Tether file a new claim in its ongoing dispute with crypto trading firm Swan Bitcoin. Here, Law360 looks at these and other new claims in the U.K.

  • January 17, 2025

    EU Cancels Major Incident Report Guidance For Finance Firms

    The European Union's banking watchdog said Friday it has canceled its guidelines on major incident reporting under payment services rules because of related requirements under a new regulation on how financial firms deal with technology risks.

Expert Analysis

  • UK Group Data Breach Claims Pose Big Financial Risks

    Author Photo

    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

    Author Photo

    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

    Author Photo

    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

    Author Photo

    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

    Author Photo

    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

    Author Photo

    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

    Author Photo

    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

    Author Photo

    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

    Author Photo

    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

    Author Photo

    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

  • #MeToo Pressure On UK Businesses Is Set To Rise

    Author Photo

    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

    Author Photo

    The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.

  • The Outlook For Autonomous Vehicles In The UK And US

    Author Photo

    As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

    Author Photo

    Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

    Author Photo

    In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!