Sentences with phrase «motor insurers»

The financial implications for motor insurers will be modest, as they already meet these claims in their capacity as Art 75 insurers.

Many leading motor insurers work with us as they know we'll fight to get the best outcome for our clients.

In Byrne v Motor Insurers Bureau / Secretary of State for Transport, Flaux J has made the rare finding that the United Kingdom has committed a sufficiently serious breach of Community law to give rise to Francovich damages liability.

These were originally introduced in 1934 in response to various legal challenges by motor insurers who sought to avoid their statutory and contractual liabilities under the 1930 Act.

Peter Allchorne translates the message from Moreno v Motor Insurers» Bureau for motor accident victims

The Court of Justice of the European Union has delivered the most important ruling on motor insurers» liability in decades.

The original parliamentary intention in the 1930s was centred on protecting the compensatory entitlement of victims of road users; not serving the vested interests of motor insurers.

Motor insurers insist to increase premium rates for third party motor segment; seek the move as an opportunity to reverse the losses due to the segment.

IAG, which has a market valuation of $ 14.2 billion, announced a $ 60 million write - down of its investment in Chinese motor insurer Bohai during the group's full - year profits.

IAG in August had to take a $ 60 million write - down on its $ 100 million investment in Chinese motor insurer Bohai.

The Supreme Court has unanimously allowed an appeal, in a case that required the court to consider whether a claim to damages against the UK Motor Insurers» Bureau was to be determined in accordance with English or Greek law, where the respondent had been injured by an uninsured driver while on holiday in Greece.

The court rehearsed a consistent line of earlier rulings including Churchill v Wilkinson and Evans Case C - 442 / 10, [2013] 1 W L R1776 and confirmed that member states have no discretion to permit motor insurers to rely on statutory provisions or contractual clauses to enable them to avoid their liability to meet third party claims, save where expressly permitted by the Motor Insurance Directives.

Bevan said the case could spark the «most wide ranging reform to motor insurer liability for 80 years».

Commenting on today's announcement by the Office of Fair Trading (OFT) of a call for evidence into the cost of motor insurance, Otto Thoresen, the ABI's Director General, said: «This will give the industry another opportunity to highlight the cost pressures motor insurers are facing, what action is needed to reduce them, and steps the industry is taking to ensure customers get the best deal when buying motor insurance.

Recent case law suggests motor insurers could raise premiums despite new measures announced by the Competition and Markets Authority (CMA), a solicitor has warned.

In a UBI, motor insurers align the premiums paid to the driving behavior of the vehicle owner.

Bevan cites legislation and Motor Insurers Bureau agreements that he claims are «peppered with serious Community law breaches» and asks whether the insurance industry, like bankers pre-2008, are «thought to be too powerful to confront».

Probably the most significant driver of these proposals has been the acceptance by government of the complaint by motor insurers that they are on the receiving end of a tsunami of RTA personal injury claims, the bulk of which they say are trivial, exaggerated and / or fraudulent.

Motor insurers insist to increase premium rates for third party motor segment; seek the move as an opportunity to reverse the losses due to... read more

The ECJ has ruled that a national laws that permit motor insurers to deny a third - party claim on the ground that the policyholder's misrepresentation renders it void ab itio conflicts with EU law.

Churchill Insurance was among one of the UK's first direct motor insurers.

At its inception, the reform assumed that while the National Health Service Litigation Authority (NHSLA) and the Motor Insurers» Bureau (MIB) would choose to fund the income stream from their annual revenue and that most liability insurers would purchase an annuity, or otherwise reinsure their liability, as most of them do not possess the necessary expertise in life insurance.

Furthermore, as the Motor Insurers Bureau (MIB) is probably an emanation of state, any material departure from the minimum levels of compensatory protection prescribed by the Motor Vehicle Insurance Directives (MVIDs) is directly enforceable by the courts.

Accordingly, where some insurance is in place, but it is ineffective, then that claim should be dealt with by the motor insurer direct, as a statutory insurance claim under s151 (5) of the Road Traffic Act 1988 (RTA 1988) and not under the 1999 agreement.

The reality is that due to a mere technicality — namely the issue of whether a car was involved in a specific incident or not — some victims may be eligible for compensation through the Motor Insurers» Bureau (MIB), which allows for an unlimited settlement based on the needs of the victim.

The defendant driver involved in the collision was uninsured and so the Motor Insurers» Bureau (MIB) was appointed as the defendant.

If so, then it is still possible to bring a claim but it will be defended by the Motor Insurers» Bureau who will also pay out any damages.

We're back You forget to give the Motor Insurers» Bureau (MIB) timely notice that your client was about to start proceedings against an uninsured driver and the MIB refuses to waive the requirement.

The irony here is that the cost is ultimately borne by law abiding motorists who fund the Motor Insurers» Bureau (MIB) through their premiums.

Accordingly, the sanction of revocation ab initio is now restricted under s 152 to inadvertent misrepresentations of material facts that are instrumental to the motor insurer's decision to offer cover, or to fraudulent misrepresentations of material facts.

Motor insurers have relied increasingly on s 152 RTA 1988 in recent years, particularly in high value claims.

This means that injured drivers — or perhaps they should now be referred to as «passengers» — and other road users can continue to claim against a motor insurer and will not face having to make potentially complex product liability claims against vehicle manufacturers.

The new, long - term joint venture will acquire Allianz's personal home and motor insurer's renewal rights while Allianz will obtain LV = GI's commercial insurer's renewal rights.

All drivers are insured, if they are not then the claim will be covered by the Motor Insurers Bureau (MIB), as the insurer of last resort.

Here is what one party to a mediation of her three - year dispute with her motor insurers said — she was on Zoom and they were on the phone.

Combined with high premium revenue, motor insurers have enjoyed an average surplus of # 1.8 billion every year since 20117.

The Motor Insurers Bureau (MIB) has been stripped of many of its powers to reject legitimate claims for trivial procedural infractions.

Scottish Government's Plans to Introduce «Mclaspo» Will Impact Both Casualty and Motor Insurers

The appeal to the Supreme Court brought by the Motor Insurers» Bureau (MIB) related to whether Ms Moreno's damages were to be determined in accordance with Greek or English law, the former being compatible with Rome II as «the law of the country in which the damage occurred», but the latter being more generous in damages for the claimant (see Moreno v Motor Insurers» Bureau [2016] UKSC 52, [2016] All ER (D) 17 (Aug)-RRB-.

A scheme similar to the Motor Insurers» Bureau should be set up for workers who fall victim to industrial injuries and diseases, says the Association of Personal Injury Lawyers (APIL).

The Motor Insurers Bureau (MIB) has been forced to remove a key provision in the Untraced Drivers Agreement 2017, following a campaign led by a solicitor and motor insurance law specialist.

The claimant argued that reg 13 (2) of the Motor Vehicles (Compulsory Insurance)(Information Centre and Compensation Body Regulations) 2003 (SI 2003/37)(the 2003 regulations) required that the MIB should compensate her «as if the accident had occurred in Great Britain» following the interpretation in Jacobs v Motor Insurers» Bureau [2010] EWCA Civ 1208, [2011] 1 All ER 844 and Bloy V Motor Insurers» Bureau [2013] EWCA Civ 1543, [2013] All ER (D) 344 (Nov)

Acting for the Motor Insurers» Bureau in the Supreme Court, he overturned two unanimous Court of Appeal authorities to establish that the MIB's liability in respect of uninsured drivers in accidents abroad was to be determined in accordance with the law of the place of the accident, not English law.