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Insurers liable for bad faith settlement in USA

26 March 2014 | General

A US court held Liberty Mutual Fire Insurance Co liable for nominal and punitive damages for settling claims close to the deductible limit in their own interests rather than the interests of the insured.

RAF declares war on personal injury lawyers

17 March 2014 | General

If there is one thing that can be taken out of the recent court battles between Ronald Bobroff and almost all of the courts in the country, it is that the issue of claiming benefits from the Road Accident Fund can turn out to be a messy process. The issue with Bobroff centred around contingency fees, which are the fees that attorneys charge clients to claim benefits from the RAF on their behalf. These fees are regulated by the Contingency Fees Act of 1999 and are not supposed to exceed amounts outlined in the Act. Bobroff, as well as other attorneys in the industry, are knowingly going against these outlines.

SA businesses are not ready for new privacy protection legislation

07 March 2014 | General

South African businesses are not ready for the looming implementation of the Protection of Personal Information Act (POPI), according to leading auditing firm Grant Thornton.

Power of Attorney in South Africa – the Shortfalls

04 March 2014 | General

No person is by nature able to act on behalf of another ? he or she must have the necessary authority to do so. This authorisation is commonly given in the form of a power of attorney.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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