The CMA had recommended price caps, as regulators propose solutions to the 'loyalty penalty', but the ratings agency suggests it could destabilise the market.
Following the warning Lloyd's has revealed advisory committees designed to tackle diversity and inclusion featuring sector leaders such as Zurich's, Amanda Blanc, and the CII's, Sian Fisher, have been set up.
The regulator has published a fresh response to the CMA.
The government referenced a 2017 study into digital comparison tools by the CMA.
The government is set to give the Competition & Markets Authority power to bypass the courts and fine firms that exploit loyalty.
Broker boss wants IPT to become VAT as the industry responds to HMRC's consultation into how the IPT operates.
Wentworth Insurance Brokers has been cloned by fraudsters.
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.
The Society of Insurance Broking has developed the guide which outlines regulatory rules.
The deadline has been revised after originally being set for 28 March 2019.
DAC Beachcroft said analysis of FCA studies found that firms do not have sufficient focus on customers.
List includes payment protection specialist British Insurance which was bought by Towergate in 2008, but stopped trading in 2011.
The amount is £16m more than the organisation forecast it would be back in January and relates partly to “continuing costs in some historic insurance failures”.
The Danish regulator has told Gefion to restate its 2017 results and half-year report for 2018 but Gefion insists the business is healthy.
A survey by Go Compare show half of the drivers surveyed felt it should be illegal for insurers to reserve best prices for new customers.
The regulator published a feedback statement which revealed most respondents believe there needs to be change to better protect financial services customers.
Regulator says total amount of complaints about financial services reached 3.91m, with PPI making up 40%.
The regulator’s Business Plan revealed a focus on “fair treatment for existing customers” amid dual pricing investigation and warned orderly transition post-Brexit is an “immediate priority”.
Compliance specialists say brokers need to look at the distribution chain and make sure they act in the best interest of the customer.
The figure is a 2% increase on last year’s with £29m to come from general insurance mediation.
She replaces Mark Neale who announced last year that he was to leave in May after nine years in the role.
FSCS "hopeful" 30 April deadline could lead to a deal being agreed as CRL continues to look for replacement cover following unrated insurer Alpha's bankruptcy last year.
The regulator urged brokers to prepare early for the regime which comes into force on 9 December this year.
Which articles were brokers most interested in for the week commencing 8 April 2019?