Regulation News
Competition watchdog urges brokers and insurers to increase the pace of tackling dual pricing
CMA update on dual pricing recommendations finds businesses have not yet done enough to treat loyal customers fairly
‘To survive, change must come from the top down’ - Insurance2025 speaker, Capital Law's Nick Pester
Ahead of appearing on the ‘Blockbuster’ debate at Insurance2025, Capital Law partner, Nick Pester speaks to Insurance Times about the need for change to sustain stability
MASS accuses MoJ of ‘cutting corners’ in whiplash portal development
In a letter sent to Rt Hon David Gauke MP, MASS says the MoJ is “cutting corners” and choosing “the worst option available” to meet a “politically driven deadline”
Average cost of inland flooding three times more without defences
Industry calls on government to increase flood defence spend following the release of research by the ABI
ABI requests compulsory sprinklers in schools and ban on combustible materials extended
It follows the ABI and Zurich submitting evidence on modern methods of construction to a select committee following the Grenfell fire
'The concept of corporate hierarchy is under fire' - Insurance2025 speaker, Pukka's Sam White
Ahead of speaking at Insurance2025 on 3 July, Sam White sits down with Insurance Times to discuss the changing company culture and what needs to be done to attract the next generation
Car theft payouts hit seven-year high as it passes £1.2m per day
ABI figures show quarterly payouts for vehicle thefts at its highest number since 2017
Legacy systems 'unintentionally causing GDPR violations'
Tech analyst Auger calls for ”increased vigilance” as some companies are still violating GDPR without knowing it
Cyber E&O blunders ramp up mis-selling dangers for brokers
ACSO calls for additional reporting for motor insurers in CLA response
FSCS declares three insurance firms in default
CII head calls for more action on gender pay disparity
Allianz 'on track' as Pet proves pivotal in remaining personal business
CBL directors withdraw opposition to liquidation
GoCompare becomes first aggregator to be named IFB member
Insurance 2025: Inspiring change in UK GI. Book tickets now!
125 jobs at risk as AXA transforms claims operations
Warning of commercial vulnerability as hackable password habits continue
MoJ considering enhancing MedCo's remit as part of whiplash reforms
FCA to force regular reporting of value measures data by 2021
Construction and engineering firms warned of severe policy changes amid capacity problems
ABI addresses salvage loopholes linked to vehicle thefts
Insurers should seek good outcomes for customers, says CII
Five-Star Q&A Home & Legacy: "Brokers know us to be a reliable HNW specialist"
Citizens Advice dual pricing report attacks home insurers
Regulation Analysis
Fraud Charter: ‘Help us stamp out bad CMCs’ - FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the MIB regarding the LiP portal, and the FCA updated the room about CMC regulation
The motor market will get tougher before it gets better - Covéa chief
Covéa chief executive James Reader talks to Insurance Times about the increasingly difficult motor insurance market, while announcing measures to reduce car theft through keyless technology
'Clamp down on unregistered insurers' - industry opens up on desired IPT review outcomes
HMRC is seeking views on a range of issues including the use of insurers unregistered to pay Insurance Premium Tax, and whether brokers should be allowed to foot the bill
Exclusive FOS data reveals motor insurance drives complaints about insurers
The Financial Ombudsman Service received almost twice as many complaints about car and motorcycle insurance in the six months to March than any other product
