HFW Insurance Bulletin – 21 May 2015

Welcome to HFW’s Insurance Bulletin, which is a summary of the key insurance and reinsurance regulatory announcements, market developments, court cases and legislative changes of the week.

In this week’s Bulletin:

1. Regulation and legislation

• England and Wales: Lloyd’s publishes guidance on the Counter-Terrorism and Security Act, by Will Reddie, Associate.
• UK: Financial Conduct Authority publishes findings of premium finance thematic review, by Will Reddie, Associate.

2. Market developments

• United States: Superstorm Sandy claims to be reviewed by Federal Emergency Management Agency, by Andrew Spyrou, Associate.

3. Court cases and arbitration

• Australia: Lessons regarding expert evidence in “totally and permanently disabled” claims, by Susannah Fricke, Associate.
• The OCEAN VICTORY: Can insurers recover money paid out from a co assured through subrogation? by Andrew Spyrou, Associate.

4. HFW publications

• Australia: Suspect cladding may spark litigation against builders and developers and may have implications for insurers, by Amanda Davidson, Partner and Ben Cerini, Associate.

Should you require any further information or assistance on any of the issues dealt with here, please do not hesitate to contact any of the contributors to this Bulletin, or your usual contact at HFW.