Latest News – Page 1025
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Solvency II: insurers must act now to get ready for implementation
Smaller firms may also have slipped further behind their bigger rivals
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FCA fines Porta Verde £25,000 for insurance mis-selling
Two appointed representatives used high-pressure sales tactics on vulnerable customers
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More than half of Brits contacted by a CMC to make a claim
And some genuine accident victims are being contacted on a daily basis to be encouraged to make a claim
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RSA to pay Lee £824k in next 12 months
Broken up into monthly instalments, payments will be reduced or stopped if Lee gets a new job
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RSA share price crashes 17% to 81.60p
RSA’s slump is the biggest of the FTSE 100 this morning after its shares closed at 99.70p yesterday
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UK brokers rally round to support RSA
Oval, Bluefin, Jelf and Brokerbility all stress their support for troubled insurance group
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Big fall in RSA shares will trigger a bid - analysts
Shore Capital director Eamonn Flanagan predicts that dividend is likely to be materially weakened
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Comparethemarket owner BGL posts flat profits at £88m
BGL plans to double profits with five-year strategy that included planned business investments
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Disciplinary danger for small brokers failing to prepare for FCA assessments
Branko Bjelobaba says firms must accept that to do compliance well will be time consuming
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L&G and Catalina bid just £60m for Co-op insurance
Reported bid is a tenth of Co-op’s original £600m asking price
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RSA shares slip below £1
Insurer worth £1.12bn less than a month ago following two profit warnings
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2014 an energy insurance buyers' market, Marsh
Absence of major windstorm loss in Gulf of Mexico has left market in good shape
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Government releases further details on medical reporting for whiplash
Work is ongoing to stop the practice of pre-medical offers for personal injury claims
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2013 had the calmest hurricane season for 20 years - Willis Re
Less than one-third of the usual number of storms
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Sure Thing! appoints CDL to provide software platform
New motor panel broker signs deal with software house
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Kiln hires Kolmberger as head of construction and engineering
New appointment will be based in Singapore
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Woop telematics scheme to use TomTom technology
Scheme uses smartphone app to provide feedback for young drivers
