Regulation – Page 117
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ABI welcomes FCA consultation on policy renewals
ABI says publishing prior year premiums will help encourage customers to engage with their policies
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News
FCA launches consultation on policy renewals
Proposals will address concerns that some consumers pay higher prices if they stay with the same insurer - FCA
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CMC fined £850,000 for nuisance deafness claim calls
Lancashire-based National Advice Clinic receives regulator’s biggest fine so far
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FSCS: no interim levy expected for 2015/16
Both insurers and broker considered at low risk of additional charge
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FCA issues warning about unauthorised insurer
AJ Cox Insurance has been targeting UK customers, regulator says
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European Parliament votes on brokers to disclose pay structure
But under plans for the IDD the Parliament has not called for a mandatory disclosure of how much they get paid
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Agenda
Analysis: Why Laspo needs a reboot
The failure of legal reforms to beat spurious injury claims had led to calls for more government action. But insurers have been blamed for adding to the problem by paying spurious claims
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FCA considers granting FOS access to more small businesses
Regulator seeking views on level of protection for SMEs when buying financial services
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FCA starts consultation period on PPI complaints deadline
PPI mis-selling has become the most complained about financial product of all time
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Regulators approve Allianz’s solvency capital model
German, UK and other EU regulators sign off insurer’s internal model
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FCA kicks off Big Data probe with call for information
Regulator wants views on how data use affects customers and competition in general insurance
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Agenda
The CII View: Bridging the skills gap
CII public affairs manager Daniel Pedley discusses the latest CII insurance industry skills survey – and the results are not good reading
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ICO to probe more than 1,000 data sellers
Companies are believed to play role in compiling and selling names and numbers used by cold callers
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The CILA View: Growing female talent in loss adjusting
CILA executive director Malcolm Hyde on promoting gender equality in the insurance industry
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The CII View: Are we all Big Data professionals?
CII marketing director Ian Simons talks about the challenges facing the industry when it comes to Big Data
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The CII View: Germany can teach UK about apprenticeships
CII public affairs manager Daniel Pedley on changing attitudes towards apprenticeships
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Parliament approves Flood Re legislation
Regulations governing running of scheme are now in force
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Irish central bank to probe former Quinn management
Inquiry launched to determine whether administrative and accounting controls were in place
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FCA plans test lab for new financial products
‘Regulatory sandbox’ will allow companies to try ideas without fear of regulatory consequences
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Insurers need to brush up their image says FCA's McDermott
Acting FCA boss says insurers need to increase transparency on value to win customer confidence