Insurance Brief – February 2014
5 March 2014
Welcome to this edition of Insurance Brief. Our feature article this month considers the Court of Appeal’s decision on wronged investors, the Financial Ombudsman Service and the courts.
No more double jeopardy
14 February 2014
Today the Court of Appeal has confirmed what right minded people thought was always the case. Wronged investors have a choice between pursuing a claim through the Financial Ombudsman Service (FOS) or pursuing it through the courts. They cannot choose both.
Insurance Brief - March 2013
25 March 2013
Welcome to this month's issue of Insurance Brief. In this edition, we report on a decision of the High Court concerning the ability of complainants to accept an award from the Financial Ombudsman Service and then pursue a claim for further damages in the courts and a recent case concerning whether the 9/11 attacks on the Twin Towers amounted to one or two events for reinsurance aggregation purposes, and we also consider the latest professional negligence decision relating to limitation.
Mitigation costs - issues to consider
20 March 2013
The decision in Standard Life v Ace and others  opened the way for insureds to argue that mitigation costs coverage could provide much broader cover than was ever anticipated by insurers.
Insurance Brief - January 2013
23 January 2013
Welcome to this month’s issue of Insurance Brief. In this edition, we report on two recent Court of Appeal decisions. The first concerned the principle of apportionment in a claim for mitigation costs under a professional indemnity policy, whilst the second reviewed the circumstances in which a solicitor might be held to be in breach of trust and whether they should be relieved from liability pursuant to s.61 of the Trustee Act 1925.
Mitigation costs cover reviewed
23 January 2013
Court of Appeal in England confirms no principle of apportionment of mitigation costs in liability insurance.