Legal
Blog: Comply with GDPR or risk a £17.5m fine
It’s one year until GDPR data regulations are fully in force. Data expert Steve Sands of Synectics Solutions explains what this means for brokers and urges them to act now.
ABI reveals its preferred new discount rate framework
Trade body calls for break from linking to one investment asset and that a panel of experts be brought together to help set future rates.
Horwich Farrelly closes claimant arm
Business confirms new strategy focusing on defendant work as it reports increase in annual turnover.
ABI supports shelving of whiplash reforms ahead of general election
Government opts not to force through prison reform Bill before 8 June.
Ghost broker sentenced to pay back £253,000
Fraudster made £253,000 from selling fraudulent car insurance policies to over 50 people in Bradford.
Brolly reveals new logo after dispute with Travelers
The insurance app was forced to redesign its umbrella logo following legal threats from the insurer.
Flaxmans and PKF Littlejohn team up on dispute resolution
Firms claim Crusader offering will “revolutionise” insurance and commercial dispute resolution.
Brightside sues former finance director Paul Chase-Gardener
Case relates to legal dispute between Brightside and its former auditors.
Chancellor and ABI chief issue joint statement on discount rate
ABI and fifteen insurance bosses involved in discussions in Downing Street.
PwC warns of motor rate hikes up to £1,000 after discount rate cut
Specialists note that SMEs will also be hit by increased rates.
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.
Insurers hit as discount rate cut from 2.5% to minus 0.75%
The new rate will be effective 20 March 2017.
Insurer threatens broker Brolly over logo
Brolly is now set to crowdsource a new logo following the dispute.
Broking Break - Your Top Five
What insurer bosses had to say about their firm’s 2016 results, changes in technology and the Ogden rate, and a court case make up the top five.
Gallagher confirms suing former employee and Scottish broker
Case has been opened in Aberdeenshire.
Ombudsman investigates 4,683 CMC complaints
The Legal Ombudsman is marking two years of dealing with claims management companies.
Theresa May to seek phased approach to exiting Single Market
PM says negotiations will be for Free Trade Agreement.
Brightside Group v RSM UK Audit continues in court
Broker awarded costs as RSM UK’s application is dismissed.
Ex-LV employee and conspirator jailed for bribery offences
This is the first time IFED officers have had a successful conviction under the Bribery Act.
Blog: Enterprise Act - brokers need to be aware of the change to their responsibilities
Healys' Jerome O'Sullivan raises issues for brokers to consider around insurers contracting out.
Court orders ex-Ropner Insurance employee to pay £21,000 in client poaching case
GRP spokesperson says firm is "pleased" with injunction decision and award of costs.
Brightside and ex-auditors in court
Case being held at High Court of Justice - Admiralty and Commercial Court.
Gable challenges PwC in Liechtenstein court
Insurer criticises the way PwC is handling the special administration of the company.
Arc Legal reveals suite of assistance products
Cover includes personal accident, gadget insurance, replacement vehicle insurance, key protection, tools in transit and helmet and leathers insurance.