Regulation News

I stock complaints

REVEALED: The most complained about brokers and insurers

The FCA complaints data reveals the most complained about insurance companies over the first half of 2019

I stock 628711862 complaints

Motor insurance most complained about insurance product - FCA

The regulator received nearly 250,000 motor and transport insurance complaints over the first half of the year

stop hand

Brokers warned on premium finance amid latest FCA action on car commissions

The move could put some brokers out of business due to the way they make a profit

Change

New underwriting society to target consumer confidence

More than just a name change, says new chairman and industry veteran David Williams

Queen

Building standards clampdown heralded by insurers

Government announced a toughening of building standards and tougher penalties for those that fail to meet them

Grow money

Brexit fears fail to dent London market growth

Increase in income across the traditional business lines and a growth in the premiums from emerging risks seen last year

lorry fleet

Insurers seek broker help to highlight hauliers’ green card needs

UK drivers will need to carry a green card as proof of insurance when they travel across the EU or the EEA if the UK leaves without a deal

Brexit which way

FCA issues fresh Brexit passporting warning

The FCA has been prescriptive on UK firms and their plans for a no-deal Brexit with all regulated underwriters having to provided detailed information on its ability to operate under a no-deal scenario

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Regulation Analysis

Loss in revenue

FCA motor commission clampdown could see potential £125m loss for brokers

Insurance Times investigates what the impact of the FCA’s latest proposed actions on motor commissions might mean for brokers

Quindell

Briefing: Another Quindell? Why the decline of the equity analyst matters

Regulation has accelerated hard times for equity analysts - but general insurance needs good quality professionals to help prevent harm to investors

Carillion insolvency traded credit

UK insolvency warning amid Brexit uncertainty

Global insolvencies are rising for the first time in a decade with the greatest uptick seen in the UK

motorbike crash

Briefing: How the FCA could now destroy the personal lines broker

Insurance Times delves deeper into the FCA’s dual pricing report looking at what concerns it could cause the personal lines broker

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