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There hasn't been much in the way of good news in the insurance industry lately. We have had scandal...

There hasn't been much in the way of good news in the insurance
industry lately. We have had scandal followed by scandal and collapse
followed by collapse; bitter wrangling over regulation and regulation that
clearly isn't working; job insecurity and losses as industry employees
become victims of merger and takeover fever; and agency culling for those
brokers that insurers consider too insignificant to bother with. The list
of woe seems endless.


But at last - apparently - there is some good news

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FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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