Regulation
MPs concerned re whiplash reforms
Justice Committee “troubled” by the reliability of insurer fraud data ahead of secondary legislation on personal injury reform.
UK to remain in motor insurance ‘free circulation zone’
The decision means insurers will not have to issue ‘Green Cards’ when motorists wish to drive in EU member states after Brexit.
Biba 2018: FCA pledges “perennial” client money focus
The regulator spoke at a panel session on how customers are at the heart of the broker business at the Biba conference.
Biba 2018: FCA to publish report on dual pricing by autumn
The City watchdog will report on its investigation into dual pricing in the autumn, a conference heard.
Biba 2018: White pledges innovation support and attacks regulation
Conference address sees Biba commit to innovation and address the weight of regulation for the UK broker community.
Gallagher monitoring President Donald Trump’s Iran sanctions move
Broker ran the business out of UK and Norway.
The Blog Spot: Why on earth is dual pricing still going on?
Emmanuel Kenning shares his thoughts after the launch of the ABI and Biba initiative.
ABI calls on FCA to use new personal lines principles when supervising firms
Biba encourages brokers to help solve the dual pricing problem.
Brokers in the dark over SMCR
Only 47% of brokers surveyed believe the new regime will improve protection for customers, according to research by Ecclesiastical.
Treasury confirms IDD delay
Biba head of compliance and training David Sparkes welcomes the delay and urges the FCA to publish its final rules.
Opinion: Branko Bjelobaba on why there are no excuses for getting renewal transparency wrong
If brokers can’t get renewal transparency right, what else are they getting wrong? Branko Bjelobaba asks
FCA outlines PI threat in FSCS review
Watchdog says plans supported on compensation limits and funding classes but respondents outlined concerns over proposed clampdown over how investment firms buy PI cover.
News analysis: Dual pricing in regulator’s sights despite delay
FCA is undertaking diagnostic work to check pricing practices work well for customers
Opinion: Vincent Rezzouk-Hammachi on how brokers should approach GDPR
The new rules coming into force later this month will have far-reaching impacts on brokers, says Vincent Rezzouk-Hammachi
FCA issues warning on broker clone
The regulator warned about fraudsters using details of authorised companies to scam customers.
Quizzical questions: 27 April 2018
Test your knowledge of the week's news with our topical quiz.
Beazley adds GDPR helpline to breach product
The insurer is working with DAC Beachcroft to provide a helpline to Beazley Breach Response policyholders.
FCA renewal transparency rules driving customer switching
Data shows drivers and homeowners who switch provider could save up to £100 a year as analysts say new rules are encouraging customers to shop around.
Howden and Barbican pursued following Gable collapse
The Danish guarantee fund has posed a legal challenge to both firms which were linked to Gable before it went bust in 2016.
FCA to look at dual pricing
Regulator details the need for firms to "further improve both competition and their standards of treatment for existing customers" in its Business Plan for 2018/19.
Brexit to cost the FCA £5m in 2018/19
Regulator increases annual funding requirement by 3.2% to £543.9m.
FCA reveals Brexit-focused Business Plan
Regulator pledges focus on EU withdrawal and promises to publish interim findings on wholesale broking and current work on the value of the distribution chain.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning look behind the headlines.
Brokers warn against cutting corners on renewal transparency
Firms advised not to take the regulator's message lightly.