Legal
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.
MPs hand Soca Monday deadline to publish rogue investigator list
MPs have given the Serious Organised Crime Agency (Soca) a deadline of Monday 9 September to publish the list of insurance companies and law firms who hired rogue private investigators.
Biba hits back at "ill-informed" and "self promoting" Law Society
The British Insurance Brokers’ Association (Biba) has slammed comments made about the solicitors’ professional indemnity (PI) broker market.
Law Society hits out at brokers with new solicitors' PI offering
A new professional indemnity (PI) insurance solution has been launched for small solicitor firms.
Axa makes final offer to settle Autofocus claims with Accident Exchange
Axa has made a full and final settlement offer in an attempt to end its involvement in the long-running Autofocus litigation.
Aon reportedly on rogue investigator SOCA list
Aon has been named among the firms that appear on the Serious Organised Crime Agency's (SOCA) list of organisations that used rogue private investigators, it has been reported.
Time to look in the mirror
It has long been argued by the insurance industry that the public's perception of the sector has been damaged by the actions of bankers, that insurers have been unfairly tarnished by the same financial services brush.
Private investigator in Lloyd's of London blue-chip hacking claim
A private investigator who was jailed last year for his role in the blue-chip hacking storm has claimed that insurers at Lloyd's of London were among his clients, it has been reported.