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With a number of commercial premises temporarily shut as a result of Covid-19, insurers have provided an overview of their position as to how to deal with these vacancies. This is not an exhaustive
ViewThe Act is a result of the Law Commission reviewing the current regime and concluding new legislation was necessary - most of the current law is based on the Marine Insurance Act 1906. The Act will
ViewWith effect from 1 October 2016 the standard rate of UK IPT will increase from 9.5% to 10% for all household and business insurance, which is not exempt from insurance premium tax. The new standard
ViewAre rented flats covered by the Buildings Insurance?Flats that are rented out by the leaseholder are covered by the Buildings Policy for damage arising from insured events in the same way as owner
ViewThe standard rate of Insurance Premium Tax (IPT) will increase from 10% to 12% with effect from June 2017 Who will be affected? The increase affects the standard rate of IPT, increasing it from 10%
ViewThe Discount Rate In February, the Ministry of Justice amended how insurance companies calculated the compensation paid to injured parties. Last assessed in 2001, when interest rates were higher,
ViewI have read and heard something about this GDPR, it sounds as though it is bad news and we may not be able to do business without major changes. Is that true? Over the recent months there has
ViewBrokers and Insurers are increasingly referring to a hard market in relation to insurance premiums and cover. Not specific to property insurance, its simply defined as a reduction in choice
ViewIn placing a building insurance policy, the information required by insurers is evolving. This information, often referred to as material facts determines aspects including premium, excess and
ViewBuilding Insurance The Insurance Act of 2015 clarified how a policy should be underwritten and set out the remedies of failure to do so. In order to help avoid an insurer refusing a claim on the
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