Latest News – Page 1820
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Pitt review urges insurers to improve service
Majority of insurers performed well in handling flood claims.
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RSA points to hole in Pitt report
Review does not address minimising flood risk for hundreds of thousands of homes, says insurer
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ABI: Government must act on Pitt report recommendations
Report 'must not sit on shelf' says trade body
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Sir Michael Pitt publishes report on summer floods
Government must make rapid progress on improving UK's flood resilience
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Comments/Letters
Insurers must seek to recover flood costs
Simon Ellis says the causes of floods should be examined so as to allow actions for damages.
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News
RSA cancels underwriting deal with Towergate’s Fusion
Insurer serves six-month notice in wake of poor returns; Norwich Union and Allianz thought to be reviewing their contracts.
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FSA still seeks industry solution on commissions
Regulator insists that threat of mandatory disclosure remains as consultation ends.
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Hodson: Oval’s not buying this summer, but it may float in 2010
Consolidator's chief sets out options for future growth.
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Features
Gibraltar rocks!
UK insurers are eying Gibraltar as a place to write business across the EU, as they become increasingly frustrated with the UK tax regime. Lauren MacGillivray met key government figures to find out what the territory has to offer.
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ABI poised to defend industry’s flood response as Pitt is published
Sir Michael Pitt’s review is expected to urge insurers to speed up rehousing and to fund advertising and research on flood risk.
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Hyperion turnover rises as UK commissions drop
Richard Elias to step down as chairman of Lloyd’s broker.
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Alec Finch Group sells Lloyd's broker
Group disposes of Lloyd's operation and risk management subsidiary.
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Erinaceous to rebrand
Insurance division of collapsed property services giant announces new name.
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Swinton bucks jobs trend as it seeks 600 new staff
High-street giant set to double the size of its UK call centres and expand internet division.
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Consumers cut back on PPI as credit crunch bites
Analyst fears that without cover many could risk insolvency.