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Introduction
In the recent Court of Appeal case of Sousa –v- Waltham Forest London Borough Council [2011] EWCA Civ 194, the Court considered whether a claimant was entitled to recover a success...
Payment Protection Insurance timetabled for a point-of-sale ban
Payment Protection Insurance (PPI) sales policies will have to change following the Competition Commission’s decision to ban the sale of PPI concurrently with credit or a loan. The decision to ban is...
New version of Incoterms launched
The International Chamber of Commerce has launched a new version of Incoterms. It comes into effect on 1 January 2011. The rules create uniformity regarding certain key principles with international trade,...
Third Parties (Rights Against Insurers) Act 2010
On 25 March 2010, the Third Parties (Rights Against Insurers) Act 2010 (“the Act”) received royal assent and became law in England and Wales.
The purpose of the Act was to introduce reforms to...
EU Solvency II rules delayed
The EU commissioner for financial services has announced that the introduction of the Solvency II framework will be delayed by two months.
Solvency II, which is the new solvency regime for all EU insurers...
Court of Appeal victory for price comparison websites
Two companies operated websites, by which prospective customers were provided with a 'comparison service' for insurance cover from various insurers. They received commission from the insurers to whom they...