Regulation – Page 129
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Online onlyGallagher ‘expected’ FCA section 166 report because of rapid growth
Gallagher confirms FCA review
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Online onlyAnalysis: Insurance industry takes steps towards gender balance
More women are becoming directors of the country’s blue chip companies, but the government’s target of achieving one in four female board members of FTSE 100 companies by 2015 is still short
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Online onlyBriefing: New concerns for Gallagher amid FCA probe and fine threat
What does this new regulatory issue mean for Gallagher?
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NewsFCA probe: SMEs underinsured in fifth of larger claims
In some cases where policy was sold on non-advised basis by insurer or broker sums insured was less than 50% of the required cover
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Online onlyAnalysis: Moorhouse add-on fine serves as a warning for small brokers
The FCA is placing increased scrutiny on how brokers sell add-on insurance products – cases such as Moorhouse and Swinton illustrate the cost of failing to meet FCA requirements
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Online onlyAnalysis: Tory-led exit from EU ‘could hurt trade’
Uncertainty over future of UK’s EU membership could give potential partners jitters
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Online onlyAnalysis: CMA motor probe tops rocky year for sector
Curbing the compensation culture was the key target for regulators over past 12 months
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NewsGeneral insurance complaints fall 3.6% in 2014/15 – FOS
Buildings and contents and pet and livestock are the most complained about GI products
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NewsPPI made up two thirds of complaints to FOS in 2014/15
In 2014/15 FOS also answered 1.8 million enquiries and resolved 448,000 cases
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Online onlyThe Knowledge: Companies urged to interrogate supply chains
Ethical supply chain issues are a real threat to the reputation of a brand
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NewsPRA 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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Online onlyGhost 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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Online onlyPublic support mandatory telematics policies for new drivers
67% said they would back a year-long compulsory policy
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NewsBiba 2015: Biba and IBSC mull joining forces
Working party from both groups set up to consider plans
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NewsBiba 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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NewsIndustry 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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NewsFCA 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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