Sentences with phrase «after the event insurance»

Accordingly, no win no fee agreements in insolvency proceedings will continue for the time being to operate on a pre-LASPO Act basis with any conditional fee agreement success fees and after the event insurance premiums remaining recoverable from the losing party.

In 2002 David Hartley, Director Accident Line Services at Abbey Legal Protection Limited, set out what lessons can be learned from the ending of the Compensure After the Event Insurance Scheme in Scotland.

There is no adequate regime for providing after the event insurance nor are the premiums recoverable.

In addition, Jamie has particular experience of working on cases under Contingency Agreements, Conditional Fee Agreements, and Damages Based Agreements (often with the benefit of After the Event Insurance), and regularly negotiates and agrees fixed, capped and staged payment arrangements.

After the event insurance premiums will be irrecoverable from the paying party under the new regime by dint of s 58C of the Courts and Legal Services Act 1990 when it is brought into force on 1 April 2013 — except in clinical negligence cases and even then recoverability will be limited to the extent that the premium relates to the costs of an expert.

In personal injury claims, After The Events insurance, if taken out, is usually paid for by the client in the event that the claim is successful.

In some cases, we recommend that our clients take out After The Events insurance.

Depending on the circumstances of your professional negligence claim brought using a No Win, No Fee agreement, you may not have to pay for any disbursements (other than After The Events insurance), and that the maximum deduction there will be from your compensation is 25 % to pay for legal fees.

We will advise you on whether you need After The Events insurance.

The Court of Appeal in Simmons v Castle, held that the level of damages in certain types of claims should be increased by 10 % after 1 April 2013, to reflect the fact that claimants would no longer be able to recover success fees and after the event insurance premiums from Respondents in the civil courts...

The Green Paper makes lots of proposals for change, but principally the removal of the recovery of after the event insurance (ATE) premiums and success fees from defendants, and the substitution of one way qualified costs (QOCS) shifting in its place is set to savage a clients ability to have the confidence to bring a proper claim.

I have always had an interest in the funding of civil litigation, Conditional Fee Agreements, collective and individual and After the Event Insurance.

Gallagher's specialist dispute resolution and associated after the event insurance solutions mitigate the cost risks inherent in major litigation and arbitration.

Benefits of after the event insurance There has been much recent press about the use of after the event insurance (ATE) for those who are unable to afford or do not want to risk the costs of litigation.

Adverse costs or after the event insurance («ATE») This is insurance to cover the costs of losing a case, for which a premium is payable.

NIG had provided after the event insurance (ATE) legal expenses insurance to individuals to fund their claims under a litigation funding scheme operated by an agent of NIG's, Composite Legal Expenses Limited.

exploring and utilising the current available range of options, such as after the event insurance, grouped before the event policies, a form of «stop loss» insurance and CFA - lite (client's liability for costs limited to sums recovered);

The MoJ's proposals include: limiting recoverable hourly rates; mandatory costs capping or consideration of costs capping; linking recoverability of after the event insurance premiums to notification to the other party and introducing a period of non-recoverability post-notification; and requiring the proportionality of total costs to be considered on cost assessments.

Not exact matches

But many in the computer security industry warn that all the excitement in the insurance space is not taking into account how much risk insurers have assumed and will be responsible for after a catastrophic cyber event.

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

In the event of a total loss, Guaranteed Auto Protection can waive or cancel the remaining balance of your vehicle loan after the payment from your insurance company.

Not only does a good landlord insurance policy help you repair or rebuild after such events, but it can also help cover your loss of revenue while your tenants are not paying rent.

Finally, renters insurance companies will exclude any damages if the event takes place after a home has been vacant for more than 90 consecutive days.

This optional rider allows your kid to opt for more life insurance at specific ages and after certain life events, such as marriage and having a child of their own.

«Our takeaway is that, given the current amount of federal assistant along with flood insurance, even in an event that is very large, such as Hurricane Katrina,» he said, «The negative effect of this natural disaster peters out after two or three years, and at least according to the financial information that's taken directly from these individuals» financial background, there isn't any significant drag after a few years.»

Depending on your car insurance policy, the vanishing deductible may reset after the event of an accident, but call your Effective Coverage specialist to find out if that applies to your policy.

Many risk management professional have been quoted as saying that, after a particular event, there is a lack of insurance capacity in the market.

In the event of a total loss or theft, Tower's GAP Advantage with PowerBuy can pay up to the remaining balance of your vehicle loan after your insurance payout AND provide you with additional funds to finance your next vehicle with Tower.

Return of premium life insurance policies do just that: Return your premiums to you after your policy's term is up in the event you outlive the term.

Travel insurance typically covers the financial losses caused by a range of events that may affect your trip before, during or even after it has occurred.

In the unlikely event your broker went bust after you paid it but before your insurance was arranged, the chance of you getting your money for the fee back is slim.

Examples of documentation that can be used to support extenuating circumstances include documents that confirm the event (such as a copy of a divorce decree, medical bills, notice of job layoff, job severance papers, etc.) and documents that illustrate factors that contributed to the borrower's inability to resolve the problems that resulted from the event such as a copy of insurance papers or claim settlements, listing agreements, lease agreements, tax returns (e.g. covering the periods prior to, during, and after a loss of employment).

A survey conducted by PEMCO Insurance found that while 51 percent of adults said parents should forbid their child from going to an after - prom party where alcohol would be present, another 20 percent gave it the thumbs up as long as the event would be chaperoned.

For those that are short on time, my basic advice is this: bid out your auto, home, umbrella and other personal lines property & casualty insurance policies once every three years, or after every significant event that changes your premium significantly.

Liability insurance provides the protection you need in the event of such claims, up to the limit of your policy, after you pay the deductible.

After purchasing a life insurance policy, it should be reviewed every few years and especially after any major life changing evAfter purchasing a life insurance policy, it should be reviewed every few years and especially after any major life changing evafter any major life changing events.

That event, and the palpable pain that comes from learning of an avoidable risk after the fact, drives all of our insurance experts to work to protect every renter in America.

After every important life event such as marriages, births, home purchases, job changes, etc. it's important to review your life insurance policy to make sure it still fits with your lifestyle.

Many people are astonished to find out that their insurance policy does not cover things that they thought were covered after an adverse event occurs.

Unlike disability insurance, which protects your income to age 65 and generally kicks in after 90 days of disability, critical illness insurance pays out a lump sum in the event of critical illnesses such as cancer, a stroke or a heart attack.

Don't wait until after you have a loss to check your insurance — review your homeowners or renters policies to make you have the right coverage in the event you're hit with a destructive storm.

After satisfying their conditions, waiting period, deductible, when I needed pet insurance, the reason why I got pet insurance, was to be covered in the event of accident or illness.

Like trip cancellation insurance, post-departure coverages are intended to make you «whole» again after suffering losses resulting from a listed covered event, like an unexpected injury.

To protect against cancellation caused by certain unforeseen events, such as illness, we recommend that guests purchase trip cancellation insurance to assure refund of deposits paid, and we will allow the deposit to be used at another time period after.

This policy document illustrates how well - designed climate risk insurance — when applied in conjunction with other disaster risk management measures and strategies — can protect people against climate shocks by acting as a safety net and buffer shortly after an extreme weather event.

The insurance companies are regulated in such a way as to ensure that they remain solvent when catastrophic events take place and large volumes of claims have to be paid at the same time e.g after Superstorm Sandy or the recent flooding in England.

«After New Orleans, it's becoming clearer that we are experiencing more frequent and more powerful weather events that pose huge challenges for the insurance industry,» said Tim Wagner, director of the Nebraska Department of Insurance, noting that warmer - than - usual water temperatures in the Gulf of Mexico may have added to Hurricane Katrina's insurance industry,» said Tim Wagner, director of the Nebraska Department of Insurance, noting that warmer - than - usual water temperatures in the Gulf of Mexico may have added to Hurricane Katrina's Insurance, noting that warmer - than - usual water temperatures in the Gulf of Mexico may have added to Hurricane Katrina's strength.

It may also be called adverse cost insurance, legal expense insurance, or after the event (ATE) insurance.

I recently read a transcript of a High Court hearing when the eloquence and professionalism with which the substantive issue was disposed of sadly did not extend to the discussion as to whether and how a success fee and after - the - event insurance premium could or be dealt with as part of a summary assessment with a consequential frustrating waste of time and money.

No win no fee agreements will therefore continue «for the time being» on a pre-LASPO basis with success fees and after - the - event insurance premiums recoverable from the losing party.