Yet another gripping headline to draw in the reader of this blog … but despite the arcane title and multiple brackets these new regulations are worth knowing about. What they’ll do when implemented is to rectify a barrier to rights of recovery after an insurance policy covering a dissolved, insolvent or otherwise no-longer-existing insured has responded to a third party’s claim. Continue reading
The Queen’s Speech takes place on 18 May 2016. A number of recent Parliamentary briefing papers have covered topics likely to be the subject of Bills that might be announced by Her Majesty. Debate on the Speech will take precedence in both Houses for several days after 18 May. A key point of interest for general insurers will be whether the Speech refers to legislation to implement reforms to injury claims announced in the 2015 Autumn Statement.