Regulation – Page 124
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News
PRA chief: UK insurers need more time on Solvency II
Andrew Bailey says implementing capital rules is his biggest task this year
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Ghost broker jailed for four years after scam lands victim in hospital
Car enthusiast with heart condition said she was hospitalised after buying bogus car insurance from fraudster jailed for nationwide scam
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Public support mandatory telematics policies for new drivers
67% said they would back a year-long compulsory policy
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Biba 2015: Biba and IBSC mull joining forces
Working party from both groups set up to consider plans
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Biba 2015: Biba and Mactavish to launch Insurance Act guide
Brokers to learn about report’s findings from former law commissioner David Hertzell
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Industry fears Conservatives uncertainty over EU could hit finances
But firms welcome Conservative administration “focus” on creating wealth through being supportive of businesses
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FCA puts industry under the cosh over premium finance charges
In some cases FCA review found that interest rate fees and APR charges were not always provided
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Agenda
Analysis: Is insurance becoming a political football?
Five years ago, insurance barely registered on the radar of the then-new coalition government. Since then, the industry has seen more change than in the 1980s – with more likely to come
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ABI vows to crack down on CMCs and cut flood risk
Association unveils its top insurance priorities for the next parliamentary session
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Agenda
Expert View: What makes your service different?
Manchester Underwriting Management business development and marketing director Richard Webb on why good service is about more than ticking boxes and how experience is key to solving problems
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News
Pool Re appoints Maurice Tulloch as non-exec director
Tulloch is also a member of the ABI Board and chair of the General Insurance Council
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Acquisition boosts South Essex Insurance Brokers' profits by 23.3%
Broker expects acquisition to add a third to turnover and premium income in 2015
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Moorhouse chief executive ‘deeply regrets’ FCA findings
Lyndon Wood apologises to affected customers but adds that he is pleased the matter is over
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FCA fines broker Moorhouse £159,300 for add-on sales failures
Failures relate to phone sales of commercial vehicle add-ons
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More than £405m paid out for Independent Insurance claims - FSCS
FSCS is proposing a new scheme of arrangement
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News
Bank queries Berkshire Hathaway’s exclusion from ‘too big to fail’ list
Warren Buffett’s reinsurance operation not on the list of ‘systemically important’ firms
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APIL chief sets sights on insurers over fundamental dishonesty
Incoming Association of Personal Injury Lawyers president Jonathan Wheeler set to attack the insurance industry at the association’s annual conference on Thursday