Legal Focus
New drug brings new risks for insurers
As litigation relating to weight loss drugs grows in the US, manufacturers are becoming increasingly subject to claims of personal injury and allegations that they knowingly failed to warn consumers of side effects
All change ahead as new marine rules come into force
Marine insurers and their clients face a swathe of regulatory changes in 2025 which could have significant implications for international trade
The growing trend for omnibus claim forms
Considerable care is required when determining the most appropriate group litigation process to adopt
Austria's new law on class actions will have far-reaching implications
New law creates risk of mass litigation in an environment where customers have increasingly been turning to the courts
The EU’s overhaul of product liability will affect UK insurers
The EU’s Product Liability Directive amounts to the most radical reform of the law governing product liability for more than 40 years
Brazil’s impending legal changes are to dramatically change the landscape for reinsurers
Brazil’s Insurance Bill brings significant changes to re/insurance law, but increased collaboration between insurers, reinsurers and loss adjusters will assist the transition process
Discount rate change is good news for the insurance industry
Insurers will need to consider carefully the impact of the higher personal injury discount rate on settlement strategies and premium pricing
The evolution of lithium-ion battery regulations will impact the insurance sector
Insurers should take a proactive approach to policy adaptation and risk assessment
Insurers warned of increasing health and safety costs
UK’s Health and Safety Executive is showing increased willingness to take action for health and safety offences even where no damage or injury has occurred
Legal London has a bright future post-Covid 19
London’s lawyers look set to remain relevant to the insurance market for the foreseeable future, and in ways not seen before the pandemic for very many years
Charterparty considerations of wind-assisted propulsion
As wind-assisted propulsion is gaining traction as a means to decarbonise, various contractual issues should be addressed to avoid potential disputes between shipowners and charterers
New failure to prevent fraud offence will impact D&O insurers
Insurers should consider the scope of D&O cover provided ahead of the UK’s Economic Crime and Corporate Transparency Act coming into force
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