Regulation
Non-disclosure campaign sees rise in critical illness payments
Norwich Union has announced an 11% increase in critical illness payments since 2005, following a series of initiatives to drive down non-disclosure. According to the insurer’s latest Critical Insurance Claims Report, 80% of 2006 CI claims were paid,…
Young blasted over speech
One of the world's largest brokers has attacked the chief executive of the Environment Agency follow...
Appointment at Financial Ombudsman Service
Lord Hunt, partner and chairman of the financial services division at Beachcroft LLP, has been appoi...
Commission concerned
Neelie Kroes, the European Commissioner for Competition and the author of the European Commission's ...
Contractual changes
The Market Reform Programme Office has revised its guidance on how best to achieve compliance with t...
The Independent Trial Commentary
Condon defends on grounds of exclusion as Lomas reveals depression and losses
Foot-and-mouth outbreak could see insurers launch new schemes
The government may try to encourage insurers to launch schemes for the farming industry in response ...
Fine highlights customer exploitation
The recent £182,000 Financial Services Authority (FSA) fine of Hadenglen Home Finance and its chief ...
TCF article hit the regulation spot
I was beginning to suffer from Treating Customers Fairly (TCF) fatigue, as the Financial Services Au...
FSA's ICOB proposals ludicrous and unfair to brokers, says Biba
The British Insurers Brokers' Association (Biba) has released a damning response to the Financial Se...
Scottish broker hits £11m GWP with latest buy
MacKay Corporate Insurance Brokers (MacKays) has completed its fourth acquisition with the purchase ...
Unlock the potential
Having a criminal conviction can be more than just a social stigma, as ex-offenders can also struggle to obtain insurance. However, one charity is hoping to eradicate some common industry perceptions, writes Sarah Hills
UK Broker Awards success
The UK Broker Awards held on the 14 September at The Brewery in London was a great success, with nea...
Something strange in Rockpool?
Despite the fact that the British Insurers' Brokers Association (Biba) is promoting itself and the m...
Biba welcomes FSA PPI Report
The British Insurance Brokers’ Association (Biba) has welcomed the findings from the third phase of the Financial Services Authority’s (FSA) thematic review of sales practices in the payment protection insurance market (PPI).
EC report threatens intervention in insurance market
The European Commission’s final report on Business Insurance (published September 25) has increased the liklihood of possible enforcement proceedings against perceived anti-competitive practices within the London market, according to Reynolds Porter…
Lord Hunt of Wirral to review FOS
The board of the Financial Ombudsman Service (FOS) has engaged the Rt Hon Lord Hunt of Wirral MBE (David Hunt) to lead an independent review of the organisation – focusing on the openness and accessibility of the ombudsman service to its wide range of…
Test case blow for insurance industry
A recent ruling in the long-running legal case involving Accident Exchange has been decided in favour of the credit hire business.
So, who do you represent?
The English and Scottish Law Commissions' July consultation paper focused on helping consumers better understand the law regarding insurance contracts
I can fee clearly now
Remuneration
Changing SMTs
Q. It is a legal obligation to provide my employees with a written SMT, so how do I make changes to articles?
Competence compliant
Q. How do I keep up and with the changes to training and competence rules?
Fees rising?
Remuneration
Anything is possible
The Financial Services Authority's Treating Customers Fairly principle has left many in the insurance industry wondering whether compliance is possible but, as Martin Friel discusses, the regulator's intentions are becoming clearer as the market spends…