Legislation
Insurers urged to shape up ahead of Consumer Insurance Act
Law firm Keoghs has urged insurers to review their questionnaires and underwriting guidelines ahead of the introduction of the Consumer Insurance Act (CIA).
Expertise in Action: Pricing: A Perfect Storm
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Expertise in Action: Pricing: Looking for support
With brokers calling on insurers to share more information and provide greater practical assistance, how can both parties – and their clients – benefit from better collaboration?
AA brands removal of tax disk insurance check 'absurd'
The AA has branded the DVLA’s proposed removal of the insurance check when car owners apply for a tax disk as “absurd”.
MP slams medics assisting in false whiplash claims
Bradford East MP David Ward has stated the medical profession “must accept its role” in insurance fraud following reports that doctors are receiving payments to assist with false whiplash claims.
Health and Safety: All about the money
Facing a huge cut in its budget, the Health and Safety Executive is preparing to claw back the shortfall. But plans to charge fees for interventions have met with a mixed response.
Laspo bill delayed until April 2013
The Jackson reforms will not be implemented until April 2013, the government has announced.
Cameron's attack on H&S culture challenged by legal sector
David Cameron has vowed to “wage war” against the health and safety culture in Britain.
Arc slams MoJ employment tribunal fees proposals
Arc Legal Assistance has called on the Ministry of Justice (MoJ) to rethink proposals to charge individuals fees of up to £2,000 or more to bring employment tribunal cases.
Jonathan Swift elected co-ordinator of insurance’s APPG
At the annual general meeting of the All Party Parliamentary Group on Insurance and Financial Services (APPGIFS), Jonathan Swift, group editor-in-chief of Insurance Age and sister title Post, was elected as the APPGIFS’ co-ordinator.
Lord Turner calls on Parliament to pick up the pace
The Financial services Authority (FSA) chairman, Lord Turner, has called on Parliament to ensure the legislation necessary for a smooth regulatory transition is in place in time for the FSA to hand over to the new bodies.
Legal experts criticise PRA announcement
The legal sector has roundly criticised the contents of the Financial Services Authority (FSA) and Bank of England’s joint paper describing it as worrying and raising more questions than answers.
Continuous Insurance Enforcement commences
The Continuous Insurance Enforcement (CIE) legislation has come into force meaning warning letters will be sent to the registered keepers of uninsured vehicles.
Law change leaves brokers unsure of role
Brokers fear increased burden if Consumer Insurance Bill passes into law.
Trade bodies hail TV campaign to tackle uninsured driving
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have welcomed the launch of a television campaign to tackle uninsured driving.
New directive on insurance intermediaries: a serious warning against excessive regulations from Brussels
The new Intermediaries Directive (IMD2), coming less than a decade after the implementation of IMDI, will re-shape the entire regulatory environment for insurance distribution in each of the 27 EU member states.
Management – Employment law: know their rights
With a host of changes to employment law coming into effect, employers need to ensure they are up to date with their legal responsibilities, says Peter Done.
Court ruling puts a stop to broker termination clauses
The Court of Appeal has upheld a High Court decision that it is not possible for a broker to enforce a termination clause if the insured goes out of business.
Bribery Act looms as guidance is published
The director of Public Prosecutions (DPP) Keir Starmer QC, and the director of the Serious Fraud Office (SFO), Richard Alderman, have issued joint guidance for prosecutors on the Bribery Act 2010.
Regulation: Abiding by the rules
As the list of financial regulators grows so, it appears, does the size of their rule books. Branko Bjelobaba hopes a review of the FSA
News analysis - regulation: anti-corrupution body calls on Government to show proper commitment to Bribery Act
The lowdown: The delay in implementation of the Bribery Act will not necessarily see a dilution of it
Reportage - SME: a blossoming romance
The SME love affair has been flourishing for a while, but what does the term actually mean? With nearly all UK enterprises falling into this category, Liz McMahon explores the sector's diverse needs.
Video: The Bribery Act 2010 delay - part 2 advice for brokers
After Justice Secretary Ken Clarke made clear the delay did not mean Government had any intention of "watering down" the Act, partner at Browne Jacobson, Matthew Woodford, advises brokers on how to prepare for the new rules.
Video: The Bribery Act 2010 delay - what does it mean for brokers?
Matthew Woodford, partner at law firm Browne Jacobson, gives his thoughts on the Government's decision to postpone the implementation of the Act.