Regulation
Insurers raiding pensions pot says Karma insurance
Travel insurers are pressurising senior citizens into spending more than a week's pension on over-inflated premiums, according to research undertaken by karmainsurance.com
FSA fines Land of Leather and its chief executive for PPI failings
The Financial Services Authority (FSA) has fined furniture retailer Land of Leather Limited (the firm) £210,000 for allowing its sales force to sell Payment Protection Insurance (PPI) on loans without effective monitoring or training in place to ensure…
Insurance Age weekly on-air news review
Last week, Biba hosted its conference in Glasgow - Insurance Age news editor Sarah Hills provides a run down of the major news stories from the event - watch it now
Confused .com warning as FSA issues aggregator recommendations
In response to the Financial Services Authority's recommmendations into the regulation of the aggregator market, Jennifer Rose, PR manager at Confused.com, said: "We welcome any regulation to the aggregator market -our only concern is with the…
DAS makes Law Assist acquisition
DAS UK Group has acquired the after the event legal expenses insurance business of Litigation Protection, trading as Law Assist.
Appointment at AMII
The Association of Medical Insurance Intermediaries (AMII) has made Mike Izzard its chairman. Izzard...
Groupama Insurances
Sentiment Survey
A flawed initiative
In the financial services world, timing is everything. As the first of the Financial Services Author...
Renewals reducing
The latest PB Sentiment Survey has revealed that around 40% of brokers are seeing their commercial r...
Mortgage fraud - Spotting the danger
Mortgage fraud is on the rise in the UK, meaning that brokers are well advised to keep abreast of Law Society advice on how to spot it, writes Marcus Thompson
Heathrow claims handling - RBSI criticised despite T5 u-turn
Commentators have pilloried RBSI after its climbdown over claims for missing baggage at Heathrow's new Terminal Five, writes Charlie Thomas
Howden Insurance Brokers appointed to panel
Howden Insurance Brokers has been appointed to the British Insurance Brokers' Association (Biba) pro...
Let the battle commence
Just as it seemed that mandatory commission disclosure had gone away for a while, the Financial Serv...
FSA should be shown another way
I write in regards to the letter 'Regulation is a government cash cow' (Insurance Age, April, p21). ...
Appointment at Association of Medical Insurance Intermediaries
Mike Izzard has been appointed chairman of the Association of Medical Insurance Intermediaries (AMII...
Hunt urges ombudsman to go "back to basics"
Lord Hunt has called on the Financial Ombudsman Service (FOS) to be more transparent, following the ...
Broker forum hot topics - www.insuranceage.com
There was a mix of serious discussion, sage advice and a healthy dose of banter on the Insurance Age...
Axa introduces roving under-writing service
Axa has introduced a roving under-writing service offering intermediaries individual visits. The ser...
Insurers' T5 stance criticised
Direct Line has backed down and confirmed that its travel insurance policies will now be valid shoul...
Another government-induced headache
I just wanted to congratulate Tony Cornell on his excellent article on Treating Customers Fairly (In...
Brokers paint gloomy picture
Lloyd's brokers are expecting a gloomy year ahead, according to a recent survey by advisory firm Maz...
UK companies with no disaster recovery plan in place
More than a quarter of UK companies still do not have a disaster recovery plan in place, according t...
IIB members fear commission disclosure
The Institute of Insurance Brokers (IIB) has received feedback from many troubled members in connection with the Financial Services Authority (FSA) Discussion Paper - Transparency disclosure and conflicts of interest in the commercial insurance market.
Increase in insurers outsourcing despite FSA concerns
A recent survey carried out by International law firm Pinsent Masons LLP has revealed that the appetite of major insurers for outsourcing is likely to increase in 2008, which suggests that insurers feel confident that their arrangements are sufficiently…