Regulation
Travelers reports income plunge
Travelers has reported that net income for the year tumbled 36%, due to heavy catastrophe and investment losses.
Banks rein in PPI selling
The Financial Services Authority (FSA) has welcomed the move by Alliance & Leicester, Barclays, The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS/Natwest to stop selling single premium Payment…
PB Week: Adrian Colosso's guest blog
To misquote Charles Dickens, these have been the worst of times and, if we believe everything we read and hear via the global media circus, the best of times are a long way off, writes Adrian Colosso, chief executive of Heath Lambert.
FSA fines Aon £5.25m
The Financial Services Authority (FSA) has today fined Aon £5.25m for failing to take reasonable care to establish and maintain effective systems and controls to counter the risks of bribery and corruption associated with making payments to overseas…
Companies are unprepared to face the onslaught of fraud
Companies are unprepared to face the onslaught of fraud, which is predicted to rise because of the c...
Broker forum - www.insuranceage.com
Readers digest the FSA's verdict Jessica Pothering catches up with the industry's hot talking point...
FSA publishes a consultation paper
The Financial Services Authority (FSA) has published a consultation paper (CP) that clarifies the FS...
New software platform designed
A new software platform has been designed to support insurers with market and regulatory reformation...
Offshore security?
Offshore legal expenses
IIB voices strong opposition
The Institute of Insurance Brokers (IIB) has voiced strong opposition to unlimited compensation awar...
SSP to work with PPI
SSP is to work with payment protection insurance (PPI) provider MMS to enhance its distribution capa...
The appliance of compliance
Treating customers fairly
Property claims for escaped water tripled
Statistics compiled by Lockton's Real Estate & Construction division revealed that property claims a...
Risk perspectives - As business exits, the thieves enter
Ted Kenrick, technical and risk solutions manager, Norwich Union Risk Services
Biba strikes deal to avoid need for mandatory commission disclosure
The British Insurance Brokers' Association (Biba) has staved off the threat of mandatory commission ...
Body of trust
Broker trade bodies
Insurers told Madoff fallout may cost them dear
Jardine Lloyd Thompson (JLT) has warned that Bernard Madoff's alleged £32bn fraud could potentially ...
CRB: internet ready?
Regarding the article: 'FSA defends practices as rogue broker slips through the application net' (In...
A verdict at last from the FSA
I am sure the majority of brokers will be relieved that the Financial Services Authority (FSA) has d...
London brokers break ranks to set up their own independent representative trade organisation
London Market brokers have voted unanimously to form a new, independent organisation to be called th...
Biba places accessibility at head of industry's agenda
The British Insurance Brokers' Association (Biba) is aiming to make insurance more accessible in the...
Editor's comment
So, finally the Financial Services Authority (FSA) has decided against mandating compulsory commissi...
Hard work brings scant reward
Melanie Hampton decries the manner in which the state, its regulation and large corporate players fail to support smaller enterprises and asks just what room is left in the market for companies like hers to survive
Commission disclosure - FSA's disclosure decision welcomed
Regulator drops mandatory disclosure in favour of alternative advocated by broker body, writes Andrew Tjaardstra