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Tempora mutantur nos et mutamur in illis - The times change, and we change with them.

We live in a fast paced world where things are constantly changing and sometimes we find it hard to keep up with those changes. On this page we aim to provide you with details of changes which we come across and feel you may benefit from. Such information may not directly relate to insurance matters but is provided as general information.

We also issue a regular newsletter which again contains articles of general interest as well as details of specific insurance facilities we are able to provide and any offers or promotions we are running. If you would like to subscribe to our newsletter please complete our newsletter subscription form.

Director's Liability: First Company manslaughter case

In April 2009 a Gloucestershire company was accused of gross negligence in connection with the death of a geologist on a building site near Stroud, in Gloucestershire, in September 2007. A director of the company, was also accused of gross negligence manslaughter over the incident. If found guilty, he could face a life sentence. The company could face an unlimited fine. Both the company and its Director are also facing charges under health and safety rules. It is the first prosecution brought under the Corporate Manslaughter Act 2007, which came into force in April last year. The case is a clear warning that authorities are taking particular concern into health and safety issues. If you require more information on Directors & Officers Liability cover, please contact our office to discuss your requirements or complete our enquiry form and one of our team will be happy to assist you.

Increased fines and greater sentencing for those who breach health and safety legislation.

The Health and Safety Offences Act 2008 which came into force in January 2009 created no new legal duties. However it has increased penalties and provides courts with greater sentencing powers for those who break health and safety laws.

Employee Tax - Benchmark scale rates for day subsistence

HMRC have introduced an advisory system of benchmark scale rates which employers can use to make subsistence payments to employees who incur allowable business travel expenses free of tax and NICs. The new system came into effect from 6 April 2009.

Further information : www.hmrc.gov.uk/briefs/income-tax/brief2409.htm

Recycling of old I.T. and Office Equipment

It is now a legal requirement for all UK companies to ensure that computers, monitors, batteries, TVs, fluorescent tubes, fridges and Waste Electrical & Electronic equipment be disposed of in accordance with Environment Agency standards

Further information : http://www.environment-agency.gov.uk/business/topics/waste/32084.aspx

Ten reasons why insurance rates have to go up

Premiums for motor and household have increased over the last year, but these increases were not significantly above inflation, leaving insurers out of pocket. Click here for 10 reasons why insurance premiums need to rise now
Source: AXA Insurance Professional magazine July 2009