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Insurers remain reluctant to pay business...
Posted in Dispute Resolution on 3rd Mar 2021
On 28 February 2021 the Sunday Times reported that FTSE 250 insurer Hiscox offered a struggling East London café owner $13.00 in settlement of its business interruption claim.
The London café claimed for more than 3 months’ loss, comprising of $1,600 a month in rent and $2,500 a month in stock, after it faced closure due to the Government’s response to the Covid-19 pandemic. The café had said it had been “battling bankruptcy” due to closure, like many other businesses in the UK today.
It was reported by sources close to the FTSE insurer that only...
New technology helping to diagnose cancer...
Posted in Medical Negligence on 12th Mar 2021
The advancement of science and spotting cancer
The science is always advancing following which a lot of things need to adopt accordingly, including how the current laws adapt.
It is always positive when the science progresses in order to help patients. In this case we are referring to edible capsules with a camera inside that might help to diagnose patients with cancer and/or any other illness such as Crohn’s disease.
This is not a new invention per se, however, the new plan is to make it more accessible to patients under NHS in order to ensure...
“Gangsta Granny” partners actions considered...
Posted in Professional Negligence on 9th Mar 2021
In 2017 Linda Box who was an equity partner in the firm Dixon Coles and Gill pleaded guilty to 12 offences of dishonesty involving the misappropriation of just over 4 million pounds and sentenced to a term of imprisonment of 7 years. The firm of solicitors in which she was an equity partner established for some 200 years was forced to close. In the High Court in “Lord Bishop of Leeds v Dixon Coles And Gill (A Firm) & Ors”, the remaining partners were faced with 2 separate claims which were the subject of an application for summary judgment....
Business Interruption Claims and The Enterprise...
Posted in General News on 8th Mar 2021
Late payments of valid insurance claims
Historically, an insured person or business had no right of action against their insurers for the late payment of valid insurance claims (the common law position).
Following the enactment of The Enterprise Act 2016, on 4th May 2017, insurance and reinsurance contracts written from that date will be subject to a statutory duty to pay claims to insureds within a reasonable period of time. Failure to do so will enable insureds to recover unlimited damages caused by the late payment of claims from their insurer....
