Regulation
Increased FSA scrutiny shows it means business
The Financial Services Authority (FSA) has made it clear that there will be no let up in its hardline approach to financial misconduct with a series of broker bans and an increase in business surveillance
IIB CEO condemns fee proposals as a 'burden'
Barbara Bradshaw, chief executive of the Institute of Insurance Brokers (IIB), has slammed Financial Services Authority (FSA) proposals on fees and levies as a "burden for the smaller broker"
Jackson review deals blow to legal expenses
The proposals contained in Lord Justice Jackson's Review of Civil Litigation Costs could, if implemented, revolutionise the legal expenses market and have a devastating impact on the after-the-event (ATE) market
Jackson report stokes controversy
Emmanuel Kenning summarises industry reactions to recommendations that could shatter the after-the-event insurance market
Power Hour: A taxing issue
The Government's surprise IPT ruling has caused uproar among the broking community as concerns mount over the sharing of commercially sensitive information. Martin Friel reports
Biba welcomes Government signposting proposals
The British Insurance Brokers' Association (Biba) has welcomed the new policy statement from the Government's equality office which aim to ensure that customers can obtain cover
Investing in the Profession: An interview with . . Sandy Scott, CII
PB's group editor in chief Ant Gould talks to Sandy Scott, chief executive of the Chartered Insurance Institute about the opportunities chartered status presents for the broking sector.
FSA fines Sett Valley Insurance Services and partners
The Financial Services Authority has levied fines totalling £49,000 on a Derbyshire-based Sett Valley Insurance Services and its two partners Leslie Lugsden and John Hargreaves
FSA focuses on governance standards
The Financial Services Authority (FSA) has today issued a consultation paper (CP) on effective governance standards within firms
IUA says insurers that successfully implement Solvency II may win competitive edge
Companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals, according to the International Underwriting Association (IUA)
FSA letter in the post for broking CEOs warning them of obligations over clients' money
The Financial Services Authority (FSA) has sent a letter and report to the chief executive officers (CEOs) of major insurance brokers drawing attention to the regulator's concerns over the handling of clients' money and assets.
FSA bans Bolton broker
Mortgage and insurance broker, Riaz Ahmad, has also been fined £5,000
Biba welcomes Government decision on terrorism
British victims of terrorism abroad will now receive compensation
Antares receives regulatory approval
Management of Lloyd's Syndicate 1274 transfers from Chaucer Syndicates to Antares Managing Agency
FSA bans insurance fraudster
Mark Hazelwood, company director of Hertfordshire-based Synergys Ethical, deceives customers out of almost £400,000
Legal industry voices concerns following Jackson report
RPC warns of serious downside risk for insurers while Apil adds there is little in the report that helps claimants
FSA bans three insurance brokers
"They showed themselves to be neither fit nor proper" - Margaret Cole
IIB attacks FSA levy proposals
Barbara Bradshaw claims proposed fee is disproportionate
Biba launches 2010 manifesto
Eric Galbraith, Biba chief executive, highlights changing political and regulatory landscape as major challenge
Biba welcomes ABI guide
Graeme Trudgill, technical and corporate affairs executive at Biba, describes guide as a "positive step"
ABI guide aims to aid brokers
Brokers who sell general insurance online could benefit from new guidance from the Association of British Insurers
FSA fines up 53% to £34.8m in 2009
Average fine up 97%, according to law firm Reynolds Porter Chamberlain
Biba describes IPT meeting as "constructive"
British Insurance Brokers' Association and the Institute of Insurance Brokers arrange another meeting with HM Revenue and Customs