Liability
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Insurers favour market-driven solutions for environmental liability risks
The International Underwriting Association (IUA) has said that market-driven solutions to environmental liability risks should take precedence over possible EU-enforced…
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Protection offered to fund directors as policing environment gets tough
Willis has launched a product that aims to offer liability protection to investment fund directors following a recent landmark case…
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EC to make its intentions on collective address clear by end of year
The Vice-President of the European Commission and EU Justice Commissioner Viviane Reding said this week that it is now a…
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EU more risky than ever for chemical users
Chemicals have always posed a risk. Yet in the past few years they have become far riskier, in business terms,…
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UK EIL market slower than expected but demand set to rise: Underwriters
Environmental liability has been shoved up the corporate agenda recently in the UK following the transposition of the European Environmental…
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FERMA advises EC to calm down on collective redress
A Europe-wide approach to consumer collective redress driven by the European Union would have a seriously negative effect on the…
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Court decision to reduce disease claims for employers and insurers-QBE
QBE has welcomed a UK Supreme Court decision that ruled in favour of an employer over employees in a hearing…
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Increased liability on UK’s nuclear sector could result in cover gaps
New proposals from the UK government will place an unexpectedly high level of liability on the nuclear sector in a…
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US files suit against BP, QBE and seven others for Deepwater spill
The US Justice Department yesterday filed a suit against oil giant BP, and eight other companies, including Lloyd’s of London…
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Mesothelioma employers liability ‘trigger’ case causes concern for insurers
The UK Court of Appeal's recent judgement on when employers liability (EL) policy cover is triggered in mesothelioma cases is…
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No hard market on the horizon–Bowring Marsh
Global property and casualty rates show no sign of hardening and, barring a major loss, are expected to remain soft…
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Liability set to expand in Europe despite recent caution
Europe is moving ‘inexorably’ towards an increase in the breadth of legal liability and levels of compensation, along with a…
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Liability to expand in Europe despite recent caution
The breadth of legal liability and levels of compensation across Europe are likely to increase in due course, along with…
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Deepwater fund launched amidst controversy
A $20 billion compensation fund for economic victims of the Deepwater Horizon oil spill was launched on Monday but immediately…
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Link between brain tumours and mobile phones inconclusive, says study
After ten years of research, conducted in 13 countries, and costing approximately €19.2m so far, the largest case control study…
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First AIRMIC Casualty benchmark completes suite
AIRMIC unveiled the results of its first-ever benchmarking study into the Casualty insurance market at its conference this week, which…
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French risk managers digest challenges posed by ELD
French risk managers are fast waking up to demands placed upon their companies as they attempt to meet new environmental…
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Spanish market broke too early on ELD deadline
Over the past three years, Spanish companies have been busy preparing to meet the tough requirements of a new environmental…
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First Environmental Liability Directive cases from European Court of Justice
On 9 March, in its first rulings on the Environmental Liability Directive (ELD), the European Court of Justice (ECJ) concluded…
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As environmental liabilities grow regulators look set to get busy
As environmental regulations and liabilities continue to grow in the U.K., beefed up by the implementation of the Environmental Liability…