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In July 2022, it was reported that Zurich UK saw a 25% increase in fraudulent property claims, with the increase in the cost of living believed to be driving a range of fraudulent behaviours ranging from using insurance policies to make money to the inception of policies to cover life’s losses after the fact.
Kennedys acquires dynamic team in Florida and New York as firm marks five year anniversary of North American expansion
We are pleased to continue US expansion with the strategic addition of three new partners, further enhancing our US and Bermuda insurance claims and coverage bench.
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.
We are very pleased to reveal the six successful claims professionals who have been chosen as finalists for the third series of Insurance Post’s Claims Apprentice, in association with Kennedys.
In a surprise to the personal injury sector, the UK Government has ditched plans for further reform of the whiplash claims process. Here, we look at the Ministry of Justice's response to issues within Part Two of the ‘Reforming the Soft Tissue Injury Claims Process’ consultation and what this means for fraudulent claims.
In this report, Kennedys experts explore key legal and regulatory developments, and provide an overview of the business critical topics which motor and transport insurers should consider as they plan for operational resilience in 2022.
This week’s decision by the Eleventh Circuit in McNamara v. Gov't Employees Ins. Co., __ F.4th __, No. 20-13251, 2022 WL 1013043 (11th Cir. Apr. 5, 2022) expands the circumstances under which insurers in Florida may face exposure to third-party bad faith claims. At issue in McNamara was whether a bad faith action based on the insurer’s failure to settle a claim within policy limits may be predicated on a consent judgment between the claimant and insured, rather than a litigated judgment against the insured.
In this report, Kennedys experts highlight key legal and regulatory developments, and provide an overview of 12 topics to watch under four main topic groups which insurers and corporates should consider as they plan for operational resilience in the new financial year.
Dram shop actions: The importance of knowing the jurisdiction’s rules on permitting common-law negligence claims
A significant number of dram shop complaints include allegations of common law negligence in addition to the allegations of the liquor liability under the jurisdiction’s relevant statute.