Brit Insurance

Those flip-flopping insurers

Insurers are a funny bunch. They always seem to be changing their minds about stuff. One day they love a particular line of business, the next they are getting out of it. It's the same with individuals.

Brit CEO to step down

Brit chief executive Dane Douetil is to step down to make way for Mark Cloutier as part of a board shake up.

FOS names and shames PPI providers

The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.

HomecallPlus enters liquidation

HomecallPlus, supplier of emergency cover for homeowners and landlords, has gone into liquidation with confusion surrounding whether any policies issued in the last six months were backed by an underwriter.

Hiscox hires in commercial growth drive

Hiscox has strengthened its UK professions and specialty commercial (PSC) division with the appointments of Samantha Newman as head of emerging professional indemnity and charities, and Ann Meaden as senior development underwriter.

Power hour: A flood defence drought

The coalition has already announced that flood defence spending is to be cut. With the Statement of Principles due to run out in 2013 this month's discussion focuses on the possible impact for insurance. Emmanuel Kenning reports from Manchester.

News review: January 2011

Groupama announced its plans to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.

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