Latest News – Page 963
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News
RSA risks BBB rating unless it raises equity - analyst
S&P rating could drop two notches within 90 days
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Online onlyCC probe: referral fees should be banned for credit hire and repair
Watchdog also recommends a cap on recoverable subrogated claims costs
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News
Lark acquires East Sussex broker's book of business
C R Goddard Insurance was a sub broker for Lark
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Mobile phone insurance complaints drop 20% - FOS
But insurers still rejecting initial claims too hastily
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Online onlyCC probe: aggregator pricing agreements to be banned
Some insurer contracts ‘limit price competition, reduce innovation and restrict entry’
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Online onlyCC probe: CHOs on the defensive as they put blame on insurers
Trade body chief tells Insurance Times that he finds the Competition Commission’s recommendations ‘bewildering’
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Senior Wright Indemnity changes name to MGB Insurance Brokers
Name change follows the Lloyd’s broker being acquired by Manchester Underwriting Management last month
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CC probe: market distortions costing consumers as much as £200m a year
The Competition Commission found that practices in the motor insurance market are having an ‘adverse effect on competition’
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News
S&P downgrades RSA credit rating
Fitch also puts the insurer’s financial strength rating on negative watch
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Torus to extend Lloyd's Syndicate capabilities
Capacity boost and new product offerings approved for 2014
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News
RSA to give good drivers a discount with telematics launch
More Th>n Drive app to launch next month with telematics product to follow
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NewsLawyers use Facebook to source deafness claims
Prolegal Solicitors’ ‘Industrial Deafness Lawyer’ page has received more than 3,300 likes since launch
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News
Markerstudy to cut 120 jobs from BDML
Consultation for all staff at Colchester site ends 20 January
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NewsInga Beale appointed Lloyd's chief executive
Canopius chief executive to take new post in January
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Transactor teams up with i-Wonder for aggregation service
New sites will specialise in niche business lines
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Capacity restrictions force Brightside to cut earnings forecast by 20%
Capacity problems with Banks-led Southern Rock Insurance Company Limited ‘particularly acute’
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RSA facing calls from investors to sell
Canadian and Latin American businesses could also be put up for sale
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Canopius in £596m sale talks
Japanese insurer Sompo could announce acquisition of the Lloyd’s insurer within a week
