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Survey: 10% uplift to damages “insufficient” to cover extra LASPO costs
Nearly three-quarters of personal injury specialist solicitors say the 10% uplift in general damages introduced to compensate for the LASPO changes is insufficient to cover the additional costs that claimants now have to meet, according to a survey.
When a problem isn’t really a problem
A survey carried out by the Employment Lawyers Association in conjunction with the Law Society, Association of Personal Injury Lawyers and Motor Accident Solicitors Society has confirmed that non-panel firms suffer detriment when legal expenses insurers exercise their right to appoint panel firms to deal with claims.
LEI – why the Law Society is acting
In a guest blog, Robert Khan, head of law reform at the Law Society, responds to Litigation Futures’ Editor Neil Rose’s recent blog questioning the survey of solicitors’ experience of LEI.
ARAG disappointed by Law Society “survey bias”
Leading legal expenses insurer ARAG has expressed its disappointment with the Law Society survey on before-the-event insurance, and suggested that the drive may be to aid law firms not on insurers’ panels.
Legal expenses insurers have good reason to avoid non-panel firms, leading provider claims
Law firms which are not members of legal expenses insurers’ (LEI) panels charge “significantly higher” fees which “dwarf” those of panel firms, a leading LEI provider claimed yesterday.
The LEI wild goose chase
My heart sank yesterday when the Law Society launched a survey on legal expenses insurance (LEI), “following feedback from our members about problems with LEI-funded cases, in particular securing freedom of choice under LEI”. The Employment Lawyers Association, Association of Personal Injury Lawyers and Motor Accident Solicitors Society are also in on the wheeze.
Price-sensitive consumers eschewing LEI and thus access to justice, warns DAS
Consumers seeking the lowest possible price when buying insurance via aggregators are leading to a drop in take-up legal expenses insurance, according to leading provider DAS. It said this will lead to a significant percentage of the population “being unable to pursue legitimate legal action”.
Insurers celebrate ruling on BTE non-panel rates
Legal expenses insurers have welcomed this week’s Court of Appeal ruling about the rates they have to pay non-panel firms. On Wednesday the Court of Appeal said before-the-event providers have to pay an “appropriate” rate to ensure policyholders have a meaningful freedom of choice of solicitor.
ARAG adds Oak Underwriting to enhanced offering for high net-worth portfolio
ARAG, a Litigation Futures Associate, has announced a new partnership with specialist high net-worth (HNW) insurer Oak Underwriting to provide legal expenses and home emergency assistance insurance to its HNW portfolio.
ARAG gears up for tax fee protection drive
Legal expenses insurer ARAG is targeting growth in the fee protection insurance market after entering into a partnership with Jim Hoyle, formerly of HLI Insurance Brokers (part of the CCV/Towergate Group).
