Legal
Record number of fraud reports from public to IFB
Insurance Fraud Bureau sees 32% increase in contact from public.
Caravan Guard appoints Arc Legal for specialist schemes
New offering targets more than one million strong caravan market in UK.
Insurance Brokers Standards Council launched
New broker body will not accept funding from outside the broking community but is keen to work with Biba and the CII.
"Amicable settlement" reached between Motorplus and MTA
Motorplus was hit with the £7.67m claim last year.
Keychoice partners with Brilliant Law
Network claims that brokers will be able to budget better for the use of legal services.
Government excludes SMEs from Flood Re
SMEs and charities will not be covered under legislation.
Carole Nash and NewLaw in ABS tie-up
New Cardiff-based firm to focus initially on motorcyclists.
Ghost broking warning video launched
An animated video warning young motorists about being ripped off by fraudsters selling fake car insurance has been launched today.
Hiscox cuts legal panel
Insurer reduces number of legal advice firms and alters service standards.
Ghost broker handed three year prison sentence over Aston Midshires fraud
Jail terms handed down over ghost broking scam.
Arag adds six new staff
Legal insurance specialist recruits after business expansion.
Ghost broker given suspended sentence
A West Yorkshire man has been given a 15-month jail term suspended for two years and a 12-month supervision order for posing as a ‘ghost broker’.
Car premiums drop to lowest level since March 2010
Average comprehensive premiums fell by 3.9% during the third quarter of 2013, culminating in an overall fall of nearly 14% over the last 12 months down to a national average of £652.
More than 10% of law firms opted for unrated PI cover
More than 10% of law firms opted to place their professional indemnity (PI) insurance with an unrated insurer, a survey has found.
New compliance firm aims to be "one-stop shop"
A new regulatory consulting firm has launched this month to act as a "first-choice" advisor and "one-stop shop" on regulation and compliance issues for firms in general insurance and legal services.
IFED ghost broking investigation leads to 27 arrests
Police have arrested 27 people over allegations of ‘ghost broking’.
Insurance companies under the rogue PI spotlight
Three insurance companies are to be investigated for illegal activity involving private investigators, the Information Commissioner’s Office has confirmed.
Biba in PI spat with Law Society
Legal professional body brushes off criticism over its scathing broker comments
Brokers struggling to offload PI books
Brokers offered insurers books of scores of law firms without scrutinising their ability to pay out on claims, it has been reported.
Law firms scrambling for PI cover amid rate hikes
Scores of law firms are reportedly facing a battle to secure professional indemnity (PI) insurance cover in time for the 1 October renewal deadline, with rates up by some 40% compared to last year.
Home Affairs Committee extends rogue investigator timescale
The Home Affairs Committee has given the Information Commissioner (IC) until 8 October to conduct a two-week "scoping exercise" in a bid to establish the scale of the blue-chip private investigator storm.
Marsh warns of "worrying trend" for unrated PI insurers
Marsh has cautioned that the presence of unrated insurers in the small and medium-sized professional indemnity (PI) space is a "worrying trend".
Ghost broking scam: Two admit to laundering proceeds
Two men have admitted to the Old Bailey that they laundered the proceeds of a nationwide motor insurance scam, netting more than £500,000.
FCA states it has never used private investigators
The Financial Conduct Authority (FCA) has stated that it has never used private investigators.