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On 13 February 2020, the Food Standards Agency (FSA) published guidance on the regulation of products for consumption containing cannabidiol (CBD).
Case review 2020-05-04
In a reminder of the scrutiny to which the courts will use when reviewing costs budgets, the High Court has rejected an application by group litigation claimants to retrospectively revise a previously approved costs budget and reduced a future budget by more than half.
Financial Conduct Authority has announced it intends to ask the courts to rule on whether a ‘representative sample of the most frequently used’ BI policy wording provide cover for COVID-19 related losses.
With the UK Government calling on organisations from a variety of industries to help solve the country’s COVID-19 ventilator shortage, we explore what organisations should consider when considering manufacturing ventilators.
Case review 2020-02-18
On 6 February 2020, the Advocate General’s Opinion in RB v TÜV Rheinland LGA Products and Allianz IARD was announced. The Advocate General opined that Article 18 of the TFEU does not preclude an insurance clause limiting cover to harm caused in the territory where the policy was issued.
Kennedys backs combination of criminal and regulatory regimes to help build confidence in driverless public transport
We have recommended that new criminal offences dealing with cyber-attacks on buses, taxis and other forms of public transport will be needed as the technology emerges, in our response to a Law Commission consultation. We have also said operators of driverless public transport should take personal responsibility for their safety as part of the protections needed to build consumer confidence in the concept.
As innovation and new technologies are rapidly transforming the way we live, it is imperative that businesses in all industries remain alive to the risks arising from these advancements.
With the pace of change in the global insurance market showing no signs of slowing in 2020, we have underlined the London Market’s need to reassert its ability to adapt and manage the constant evolution of global risk. Releasing our annual London Market forecast for the year ahead, we have made predictions across 11 areas impacting the London Market, namely: aviation, casualty coverage, construction, cyber, energy, financial lines, marine, product liability and life sciences, professions, political risks and property damage.
The pace of change in the global insurance market has not slowed down in the last 12 months, nor are there any indications of it doing so over the course of the coming year.