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In this blog, we explore how developments in technology have created new types of product liability and safety risks and given rise to new categories of damage. We also examine developments in the mechanisms for claiming damages.
During the current Florida Legislative session, residential and commercial property insurance reform has been a focal point of the Legislature. On December 13, 2022, the Florida Senate passed Senate Bill 2A (“SB 2A”), which was passed without amendment by the Florida House and presented to the Governor on December 14, and signed into law on December 16th.
A summary of key developments including the key civil justice priorities for the Civil Justice Council and Ministry of Justice, the discount rate in England & Wales, fixed recoverable costs, and the Health and Safety Executive’s annual report.
The Levelling up and Regeneration Bill aims to reverse geographical disparities between different parts of the UK by spreading opportunity more equally.
On 20 April 2022, the FCA introduced new Listing Rules (LR) (LR 9.8.6R(9) and LR 14.3.33R(1)) which set board diversity targets and require that, as part of their ongoing listing obligations, in scope companies include a statement in their annual financial report detailing whether they have met the specified targets.
FCA takes no chances in implementing its Consumer Duty: what this means for insurers and intermediaries
As we flagged earlier this year, the FCA’s new Consumer Duty is perhaps the most important regulatory development in the UK this year. As we reach the FCA’s end of October deadline for firms’ boards to have scrutinised, challenged and ultimately agreed the implementation plan for this wide-ranging duty, the focus is turning to how to implement it in time for July 2023.
A summary of key developments including a political landscape roundup, an update on the Damages Claims Portal, the Civil Justice Council’s holistic costs consultation, and the Ministry of Justice’s proposals to increase the use of mediation in the civil justice system.
Digital twin technology: the opportunities and risks of digital twins in construction and real estate
In this article, we look at the opportunities of digital twin technology for the construction and real estate industries, as well as potential risk factors.
In July 2022, the annual rate of UK inflation (10.1%) was the highest it has been since 1982, affecting the affordability of goods and services. The high rates of inflation are predominantly due to supply chain disruptions and consumer demand, and the substantial increases in energy prices.
In June 2022, we reported on the introduction of the Economic Crime (Transparency and Enforcement) Act 2022, which has now come into force as of 1 August 2022. Further guidance has now been released in respect of the Act’s main feature which is to introduce the Register of Overseas Entities at Companies House.