Latest News – Page 565
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NewsRSA fined and shamed as Irish regulator reveals scandalous reserving tables
RSA Ireland was today fined €3.5m and shamed by the Irish regulator which unveiled scandalous reserving practices at the insurer.
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NewsBroker Network partner makes first purchase post-Fairchild
Boyd & Company makes purchase to bring broker back into the Network
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NewsUK insurance industry paid out £55bn in a year
New analysis published by the ABI shows that UK insurers paid out the equivalent of £153m every day
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NewsCivil Liability Bill receives Royal Assent
After years of debate and negotiation, the Civil Liability Bill is now written into law
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NewsJailed fraudster exploited terror attacks and Grenfell to claim £180,000
Grenfell, the Manchester bombing and the Borough Market attacks were all subject to the fraudster’s 50+ fraudulent claims
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NewsDirect Line reportedly considering £400m L&G bid
Reports last week suggested Legal & General is putting its general insurance arm up for sale
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NewsIndustry reacts: CMA's crackdown on pricing
The competition watchdog unveiled its robust measures to tackle unfair treatment of loyal customers,l but how does the industry feel about it?
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Online onlyRegulator wants ‘name and shame’ loyalty penalty tables published on insurers and brokers
CMA recommends one of the toughest crackdowns ever seen in insurance as it vows to do whatever it takes to bring insurers and brokers in line
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NewsFraudster sentenced after pretending hired camper van was stolen
Man took pictures of hired van and submitted it to insurer, claiming it was stolen
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NewsGoCompare enhances fraud prevention with partnership
GoCompare partners with Featurespace, which uses machine learning out of Cambridge University
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Online onlyPRICING INTERVENTION: Competition watchdog unveils gigantic crackdown on insurance
CMA unveils game-changing plans in a huge crackdown on insurance firms ‘ripping off’ customers
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NewsFailed CBLI's shortfall could be as much as $343m
Liquidators publish update on the extent of failed insurer’s troubles, while also considering action against the company’s directors
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NewsCFC sees global increase in social engineering attacks
The cyber insurance specialist sees the trend as a worrying sign of things to come
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News AnalysisFCA publishes new rules heading for CMCs in April
The FCA will take over regulation of CMCs from April 2019
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NewsMike Bruce elevated to group MD at GRP
Bruce takes on newly created role, after a rapid stint of acquisitions
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News AnalysisInjured backpacker in fundraising attempt after insurer refuses to cover £60,000 costs
Sophie Wilson may never walk again after breaking her neck in Thailand, but her insurer refused to pay for her flight home
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NewsCrash for cash fraudsters and 'time-wasters' sentenced after being cut out of car
After an investigation by IFED and LV=, the fraud duo pleaded guilty and were given suspended sentences
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NewsFormer Marsh and Bluefin manager joins GRP broker
Marshall Wooldridge looks to Marsh for its new managing director
