Thousands of families in the UK face personal and financial upheaval because of widespread flooding every year.
Here we round up the latest news and give advice on how to prepare for a flood and what to do if the worst does happens.
Tips and advice
What to do if the worst happens and putting it right when it does.
Checking to see if you are at risk and how to prepare your home to limit damage.
National flood map
The Environment Agency operates a national flood map.
Car insurance premiums are increasing year-on-year and while insurers have blamed claims firms chasing compensation payments and fraud, they stand accused of making the problem worse with a referral fees merry-go-round.
A hard-hitting Commons Transport Select Committee report in spring accused car insurers of double standards as they were blaming soaring insurance costs on ambulance-chasing personal injury firms that they sell leads to.
This is Money has been heavily critical of this fees merry-go-round, but intriguingly industry body the Association of British Insurers actually wants the fees banned itself.
On Wednesday, Money Mail put its case that rising car insurance costs are not down to fraud or greedy lawyers, but in fact it was down to insurance firms’ referral fees.
A lawyer getting sued may sound contradicting due to the nature of their work, but you may be surprised to know that attorneys are often the target of client lawsuits. Naturally, lawyers are only human and make mistakes and miscalculations from time to time. Responsible lawyers take steps to manage and reduce the risk of a legal malpractice lawsuit, but if a claim were to be made, it is important that lawyers have adequate protection then.
Lawyers are not invincible to the risks of a lawsuit for negligence in the performance of their service. Over billing, prejudice, hiding evidence and other similar conduct are considered attorney misconduct and can lead to claims being made against them. Full Post…
COLUMBUS — Lt. Governor and Department of Insurance Director Mary Taylor today announced the successful completion of The Physicians’ Assurance Corporation (TPAC) liquidation proceeding. TPAC was ordered into liquidation on August 18, 2009.
“When an insurance company becomes insolvent, it is my job to protect consumers,” Taylor said. “We took s
A national independent broker-dealer is raising fees, including its advisor affiliation fee, starting Jan. 1, 2012, after two decades of maintaining the same rates.
LPL Financial plans to instate the following increases: for branches with 1-4 advisors, the fee will increase from $125/month per advisor to $175/month per advisor; for branches with 5-11 advisors, the fee will increase from $600/month divided by the number of advisors in the branch to a flat rate of $125/advisor; and for branches with 12 or more advisors, the fee will increase from $50/month per advisor to $100/month per advisor.
The broker-dealer said it has about 12,800 financial advisors.
The advisor affiliation fee was not raised for more than 20 years, according to LPL Financial.