BILA brings insurance law to the fore

The British Insurance Law Association has welcomed the DTI's plans for a wholesale review of commerci...

The British Insurance Law Association has welcomed the DTI's plans for a wholesale review of commercial law.
The DTI announced the review following a meeting between department officials, the Solicitor General, Court of Appeal Judge, academics and other interested parties, such as the Law Commission. These representatives found much of British commercial law is 100 years old and difficult for businesses to understand.
BILA is supporting the initiative with a forum that will review insurance

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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