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Publication

Double insurance and indemnities

Businesses can find they have placed more than one insurance policy which could respond to an incident. Our insurance team takes a look at the general principles and the practical considerations. 
27 February 2014

Financial Ombudsman awards decisions cannot be 'topped up' in court proceedings

The Court of Appeal recently confirmed that consumers who accept a decision of the Financial Ombudsman Service are prohibited from bringing the same claim in the Court for further damages.
19 February 2014

Insurer bound to pay under a follow clause

Yes, a follow clause in an insurance policy can require an insurer to pay even when a settlement entered into by other insurers in respect of the same loss is expressed as not binding other insurers.
13 February 2014

FCA publishes its first warning notice statements

A look at the new power to issue warning notice statements to regulated entities and individuals adopted by the 'Financial Conduct Authority' FCA.
10 February 2014

Insurers avoid requirement to pay commission under affinity schemes

Our insurance team looks at a significant case.
04 February 2014

Four banned by FCA for 'disgraceful' pension activities

Following an investigation, the FCA has issued Final Notices to four individuals regarding conduct in connection with occupational pension schemes. 
23 December 2013

Publication

Financial Services Series; Issue 3

Welcome to this issue of our Financial Services Series, discussing sanctions the FCA has at its disposal, recent trends and what the future holds.
23 December 2013

Disclosure of Defendant’s Insurance

Insured parties entering disputes and insurers generally should take note of the potential shift in balance between parties arising from a judge having the policy.
29 November 2013

Publication

Taking an interest in insurance

This article describes how a third party can take an interest in insurance cover and key issues to look out for when doing so including noting an interest, loss payee clauses and co-insurance.
26 November 2013

Publication

Financial Services Series; Issue 1

Welcome to the first in our Financial Services Series. Over the next year, we will provide tips for the smooth management of the regulated firm’s relationship with the Financial Conduct Authority.
10 October 2013

Publication

Warranty and Indemnity Insurance and other Transaction Liability Insurance Products

Our insurance briefing covers the increased use of transaction liability insurance (TLI) products in an increasingly buoyant M&A market.
19 September 2013

FCA v Hobbs

Discontinuance of an FCA action – when is it valid? and (2) the Public Interest Obligations of the Upper Tribunal.
16 August 2013
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