Latest News – Page 957
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Government ‘letting banks off the hook’ over PPI, say Lords
Peers call for compensation to be paid to everyone mis-sold a policy, not just those who apply for a payout
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HCC appoints new investment head
John E Robison also takes up the role of vice-president
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MUM expands into chartered surveyors PI
New capacity deal for Charles Manchester’s managing general agent
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Acturis buys travel and health software specialist NIS
Deal positions software house for global expansion
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Nearly 9,000 homes miss out in Flood Re
Defra confirms 3,800 homes in council tax Band H and 5,000 new builds will not be covered
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Ageas expands underwriting capability for home insurance
New system will provide an accurate risk rating for individual addresses rather than an assumed risk
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RSA could face £35m fine from Irish regulator
Irish RSA executives could also face fines of up to €1m by the Central Bank of Ireland
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HomeServe fined £34.5m by FCA for mis-selling
The broker will increase its provision by £30m as a result of the penalty
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Organised fraudsters switch to pothole trip claims
Liability fraud detection less advanced than whiplash
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Chief information officer and business solutions head leave Towergate
Mike Newman steps down after a decade and Claire Foster moves to AXA
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Nexus secures $100m of underwriting capacity for 2014
Largest placement in the London Market by a non-broker owned MGA
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Agenda
Insurance Fraud Register now live
Names and personal details of convicted fraudsters have been entered into industry-wide database
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CPP customers agree £1.3bn compensation package
Payouts expected to start in the spring once High Court approval has been received
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Flooding plans hit further delays
Property developers are lobbying for changes to government drainage plans
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Arthur J Gallagher in exclusive talks to buy Oval
Deal would push Gallagher’s UK brokerage to £540m
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Mesothelioma Bill will redress balance for victims - DWF
DWF head of occupational health Derek Adamson surprised at negative reaction to introduction of scheme
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Towergate appoints new digital head
Ben Alexander will be responsible for driving growth of digital income
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Lloyd's changes excess rules for brokers' PI cover
Maximum excess will be based on brokers’ income rather than assets
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Admiral sells further minority stake in its US car insurance comparison site
Insurer says it will have no material impact on group’s 2013 full-year results
