Latest News – Page 940
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Online onlyLloyd's profits up 21% to £1.67bn
Climbing investment returns offset 4% drop in premiums
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Online onlyCMA probe: watchdog defensive of lack of action on credit hire
Probe leader Alasdair Smith said the Competition and Markets Authority was left with no alternative option for tackling inflated credit hire costs
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CRIF launches insurance data hub
Decision Hub will provide access to all of CRIF’s Insurance Bureau Services
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Online onlyCMA probe: lack of action means claims costs could increase
Insurers warn that the Competition and Markets Authority’s failure to deal with inflated credit hire and repair costs could lead to an escalation in the price of a claim
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AIG appoints new UK head of sales amid restructure
Jeremy Sharpe will also continue to oversee AIG’s relationship with major banking clients
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NewsCMA probe: Lloyd’s market considering appeal
The Lloyd’s Market Association has been critical of the probe into the private motor insurance market
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Online onlyCMA probe: credit hire firms looking to invest after years of uncertainty
Credit hire industry welcomes the findings of the Competition and Markets Authority and urges insurers not to launch an appeal
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NewsCMA probe: Biba welcomes aggregator pricing agreement ban
But the trade body said the ban should have included wide most favoured nation clauses
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IFED arrests 11 in nationwide personal injury fraud crackdown
Police probe potentially exaggerated and false claims following tip-offs from insurers
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Online onlyCMA probe: insurers must improve how add-ons are sold
No claims bonus protection comes in for special criticism from the watchdog
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Online onlyCMA probe: industry reaction
Insurance Times brings you a round up of industry responses to the Competition and Markets Authority final report from its probe into the private motor insurance market
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Online onlyCMA probe: insurers slam watchdog on lack of action
The ABI has criticised the CMA for not taking any action on credit hire costs
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FCA cancels east London broker's permission
The regulator said EPLS Risk Solutions failed to submit its February RMAR despite repeated demands
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Online onlyCMA probe: watchdog 'unable' to take action on £84m cost of credit hire
The Competition and Markets Authority will not be introducing proposed credit hire rate cap
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Online onlyCMA probe: aggregator pricing agreements banned
But no action is taken on inflated credit hire costs
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RAC 'in talks' with Singaporean wealth fund over sale
The sale could be announced as early as this afternoon – reports
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NewsSenior Labour ministers 'strongly in favour' of Flood Re
At a round table meeting shadow Defra MPs pledged support for wider water management and flood prevention
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Footman James teams up with NIG for new motor trade product
Includes cover for property, liability and business interruption
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NewsDan Wilkinson joins Lichfield-based broker as commercial director
Former Willis and RSA exec resurfaces at CGI Insurance Services after consulting for Perkins Slade
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Swinton Commercial director leaves
Carolyn Callan’s role will be assumed by operations director Kelly Ogley until a replacement is found
