Monday, 21 May 2012

Regulation

Robert Hiscox

Robert Hiscox slams ‘feeble’ ABI

21 May 2012

Association defends its representation of the GI industry following broadside

Ken Clarke

Which? lobbies government over CMC crackdown

18 May 2012

“Common practice” for CMCs to mislead consumers: Which?

paperwork file folder ECF work

Biba 2012: Broker regulationSubscription

16 May 2012 | Updated: 16 May 2012

From two cases that highlight brokers’ responsibilities, to add-ons and the FSCS, we answer some key regulatory questions

European Commission building Brussels

Forced commission disclosure slammedSubscription

16 May 2012

EU plans driven by political pressure, claims Biba head

fraud

FSA bans and fines fraudulent Broker Network member

11 May 2012

Donald Morgan fined £335,204

European Commission building Brussels

Biba slams Europe as brokers face new regulatory costs

11 May 2012

Biba hits out at European ‘interference’ and warns that revision to the Insurance Mediation Directive could raise regulatory cost burden

Comments (4)

FSA Building

The Lobby: Broker regulationSubscription

9 May 2012

Insurance Times looks at the issues in the industry regulator’s sights

FSA Building

FSA fines Mitsui £3.34m and bans former executive chairman

8 May 2012

Regulator decides Mitsui Europe had “serious” corporate governance problems

Comments (1)

Flood

The Lobby: Government silence leaves insurers in deep waterSubscription

2 May 2012

The recent UK floods have come at just the right time to focus attention on the need for a decision over the Statement of Principles, which ends next month

Car accident whiplash

Justice minister: 'Whiplash should go before independent GPs'

2 May 2012

Government summit calls for tighter medical regulation to fight whiplash epidemic

Comments (1)

fraud spending

The Lobby: Fraud – the big numbersSubscription

2 May 2012 | Updated: 2 May 2012

The rising number of fraudulent applications and claims is prompting greater co-operation to gather information, while Allianz’s chief executive argues the best way to combat fraud is to invest in staff training

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Broker regulation: what to watch out forSubscription

30 April 2012

We tackle brokers’ key regulation concerns, from client money handling rules to this year’s FSCS bill

Money pounds cash Pensions Insight

HomeServe fined £750,000 for dialler system breaches Subscription

25 April 2012

£750,000 penalty is first in watchdog’s crackdown on silent and abandoned calls

Whiplash

DfT whiplash response slow with little detail Subscription

25 April 2012

Government response needs fleshing out, argue critics ahead of next insurance industry meeting with government

Eric Galbraith

Biba calls for government clarity on whiplash

23 April 2012

Trade body call follows government response to TSC report

Louise Ellman MP

Govt pledges further whiplash action in TSC responseSubscription

20 April 2012

Response also covers review of uninsured driving fine and affirms referral fee ban date

Graeme Trudgill

Biba/ABI signposting plan could be the first of many Subscription

11 April 2012

Deal would help older customers get cover; other areas of insurance could follow

FSA cracks down on add-ons

FSA add-on crackdown plan is light on details Subscription

28 March 2012

Regulator pledges to stop suspect sales and insist that customers are paid back – but business plan fails to distinguish brokers from other intermediaries

Otto Thoresen

Corporation tax cuts welcomed by UK GISubscription

28 March 2012

Insurers set to benefit from boost to UK business

Calendar timeline

Solvency II inches closer with key European vote Subscription

28 March 2012

Omnibus II result gives insurers firm deadline but means extra pressure for regulators

Roundtable

Eurozone crisis: Infographic

Contagion in the eurozone?Subscription

November 2011

As the debt crisis worsens, Portugal and Ireland are struggling to regain their composure and Greece is in line for yet another bail-out. What will happen if the trouble spreads?

Boardroom

UK insurers suffer from lack of risk culture at board level

21 May 2012

Two-thirds of executives report absence of risk officers on boards, finds study

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