On Wednesday’s Money Box Live, Vincent Duggleby took your questions about insurance and put them to a panel of experts. The extreme weather conditions currently being experienced across the UK are resulting in delays and cancellations for many rail and air passengers, who may have to look to their travel insurance for compensation. Insurance companies [...]
Archive > January 2010
Legal advice on what to get insurance for and how to go about it.
Insurance is an essential part of filmmaking. The basic insurance that you need will cover the health and safety of your cast and crew. If you are hiring any equipment, you will need to know what it is worth and get it insured accordingly. There are many other areas that you can look to have [...]
Planning Events Insurance
Employers Liability Insurance The following Employers Liability Certificate will require updating annually. Therefore, you may find the enclosed certificate out of date. In order to ensure that you have a certificate that is up to date visit the Employers’ liability letter/certificate gateway page and print an up to date copy. Public Liability Insurance Public Liability [...]
Flying Insurance & Other Legal Considerations
The aircraft operator must hold insurance to cover all liabilities arising out of the operation of the aircraft, for personal injury to or damage to the property of any third party or passenger, including BBC personnel. The minimum level of cover required under the operators liability insurances will vary according to the circumstances but, in [...]
Fed Warns Complacency Will Trigger New Turmoil
The Federal Reserve’s No. 2 official issued a stern warning to investors, banks and other financial institutions Friday: Don’t be complacent, interest rates are going up at some point and they will trigger new market turmoil if you’re not prepared. “We are in uncharted waters for monetary policy and the financial markets,” Donald Kohn, vice [...]
John Daly performs U-turn over ‘quit’ comments
John Daly has insisted he is not quitting golf, despite claiming that he was “done” with the game on Friday. After missing the cut at the Farmers Insurance Open in San Diego, Daly told the Golf Channel: “I’m done… I can’t play like I used to.” However, 24 hours later the two-time major winner said [...]
Credit crisis impacts the health of the nation
Research commissioned by Friends Provident warns that the credit crunch could have a dramatic impact on the nation’s health. The Britain Under Pressure report suggests that almost 29 million people in the UK, or nearly two-thirds of adults, feel more stressed, less fit and healthy, and more prone to illness than they did three years [...]
Japan’s Yamoto Life Insurance goes bust
Japanese firm, Yamato Life Insurance, has gone bust and is filing with the country’s Financial Services Agency to ask for court protection. The insurer, which is described as of medium size and is a household name in Japan, has debts of $2.7 billion dollars. Turbulent markets and tumbling share prices in Tokyo on Friday meant [...]
Nearly half of Britons go without protection insurance
Barclays has been researching the UK protection insurance market and has concluded that nearly one-half of British adults have no policies in place to cover events such as illness and redundancy. According to the survey 47% of UK adults have no protection insurance, while 52% are without life insurance. Seventy-five per cent of those questioned [...]
Heath Lambert joins forces with MedicAlert
Heath Lambert Group has joined forces with MedicAlert, the charity that provides an identification system for people with medical conditions, to launch a new range of insurance products. From today, Heath Lambert’s Unique Insurance Services brand is offering travel, life, home, motor and pet insurance, plus pension annuities, to those with pre-existing conditions and allergies. [...]
Pacific Life Re announces longevity deal with Abbey Life
Pacific Life Re, the US specialist life reinsurer, has secured a £1.5 billion longevity contract with Abbey Life, the UK closed life insurer. Another reinsurer is involved in the transaction but has not been named. Abbey Life continues to manage £12 billion of assets with regard to around 1.2 million policies, although the company has [...]
Six US insurers awarded government bailout funds
Six of America’s largest life insurance firms are set to receive bailout funds from the US Treasury. Prudential, Lincoln National, Allstate, Principal Financial, Hartford Financial, and Ameriprise have all been granted preliminary approval to receive funds from the Troubled Asset Relief Program (TARP). The share price of many insurers rose between 3% and 6% following [...]
