Civil Liability Bill – accounting for savings arising

As anticipated in yesterday’s blog about the Bill’s second reading, various amendments from the government and oppositon have now been published. These will be debated next week, in Committee stages scheduled for 11 and 13 September. Both sets of amendments address the whiplash reforms in part 1 of the Bill and don’t touch* on the discount rate measures in part 2, which seems to be a clear sign that it is far less politically-charged than whiplash. Continue reading

Draft Third Parties (Rights Against Insurers) Act 2010 (Consequential Amendment of Companies Act 2006) Regulations 2018

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