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Regulation

Insurance Race Day

The inaugural Insurance Race Day will take place on 22 April 2008 at Kempton Park - an initiative by...

UK insurance law biased towards insurers

Over 35% of companies in the global insurance market has admitted that there is a bias towards insurers, rather than insured parties, in UK insurance law, accoridng to research. A survey of more than 40 companies in the global insurance market highlights…

IIB responds to Hunt Review

The Institute of Insurance Brokers (IIB) has responded to the review, being conducted by Lord Hunt, into the Financial Ombudsman Service (FOS).

Biba hits out at aggregators again

The British Insurance Brokers’ Association (Biba) has called on the Financial Services Authority (FSA) to urgently review its Insurance Conduct of Business rules for electronic introductions, following independent research into price comparison websites.

FSA issues fine for PPI mis-selling

The Financial Services Authority (FSA) has fined HFC Bank nearly £1.1m for failing to take reasonable care to ensure that the advice it gave customers to buy payment protection insurance (PPI) was suitable, and for failing to have adequate systems and…

Liberty acquires Vision Underwriting

Liberty International Underwriters (LIU), has acquired Vision Underwriting, a Cheltenham-based specialist in professional indemnity, employers, legal expenses, public and products liability and directors and officers covers.

Seeing the cultural light

Q: Why does the Financial Services Authority value complaints highly but not take customer compliments and testimonials into account?

Editor's comment

As we enter a new year, it will be interesting to see how 2008 pans out. Without a doubt, there will...

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