Costs scheme
The second Costs Forum, held last week, reached agreement on how a fixed-costs scheme for smaller personal injury claims might operate.
Forum of Insurance Lawyers (Foil) new president Jason Rowley, who took part in the fourm, said the final scheme adopted by the Civil Justice Council was likely to be modelled closely to the forum scheme.
The scheme will apply to all personal injury claims arising from road traffic accidents whose value is between £1,000 and £10,000 and which are settled without formal court proceedings.
FSA Highway nod
Highway Insurance Holdings announced the FSA has confirmed its wholly owned subsidiary Highway Insurance Company Limited (HighCo) has completed the notice of requirements period.
This period restricted HighCo's premium limit during its initial three-year trading period that began on 1 January 2000.
RPC claims guide
Reynolds Porter Chamberlain (RPC) has published a guide to claims against accountants, as accountancy firms take steps to manage their professional liability exposure.
"Inside Claims 2002" contains information on how professional liability law stands, advice on proper claims handling, a review of the insurance available and an analysis of the legal bases of claims against accountants.
DVT ruling
A landmark ruling in Australia means a man crippled by deep vein thrombosis (DVT) can sue two airlines, according to reports.
A verdict in a similar UK case has been postponed until the Australian ruling can be examined by the judge.
While the test case in the Victoria State Supreme Court does not have any direct bearing on the parallel attempts to bring airlines to the British courts, Australian civil caselaw is based on the UK system, so it is likely to be influential.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
