Regulation – Page 131
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IFB calls for greater collaboration with claimant lawyers
Director Ben Fletcher tells MASS Annual Conference that claimant lawyers must work with insurers to help combat insurance fraud
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Features
Regulation Report Part 5
To help you make sense of the changes in the regulatory landscape since the FCA took over from the FSA in April last year, Insurance Times, in association with the Chartered Insurance Institute, is creating a series of five reports focusing on a different area of regulation as it affects ...
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News
Brokers remain on the hook as PPI bill caused by failed IFAs passes £1bn
Insurance broker charges likely to remain high amid gigantic bill for failed IFAs who mis-sold PPI
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Law firm DWF cuts 26 jobs as boss blames post-Laspo fraud decline
Law firm DWF has cuts 26 jobs at its Liverpool office
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ABI calls for fixed costs as deafness claims become new "cash cow"
Insurers are paying £3 in legal fees for every £1 of compensation
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Brokers warn of 'traumatic' changes to motor insurance sales from CMA plans
Changes to sales of no claims discount protection cover could force some to stop selling it
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Briefing: could this be the end of the protected no claims bonus?
The Competition and Markets Authority has proposed sweeping changes to how brokers sell motor policies, and with at least one broker saying it will stop offering protected no claims bonus cover, could others follow suit?
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News
Former Swinton executives fined and banned from senior roles after add-ons mis-selling
Former chief executive Peter Halpin banned from running financial services firms
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EU data protection rules could hamper fraud investigations
Regulation would give policy holders the right to withdraw their consent for insurers to process their personal information
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PRA questions insurers over climate change
The regulator wants to know how businesses and investments will be affected by the changing global climate
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News
Back to school: Brokers get qualified
The CII reports a boom in broker training as compliance and professionalism take hold. But is it all worth it?
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AA still has reservations about whiplash panels
Managing director Janet Connor said more information needs to be provided to medical practitioners for assessing whiplash injuries
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Agenda
Independent whiplash panels could begin in early 2015
But Transport Select Committee remains concerned that not enough thought has gone into the process
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Motor legal costs plummet 65%
Reforms introduced in April 2013 have helped cut average settlement costs by 4%
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ABI blog: CMA investigation – the future face of credit hire
ABI manager for civil justice policy Rob Cummings talks about the ‘missed opportunity’ of the Competition and Market’s Authority’s probe into the private motor insurance market and asks the question:what next for credit hire?
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General insurance complaints rising – FOS
Complaints against the top 10 most complained about general insurance products rose by 8% between July and September, Financial Ombudsman Service figures reveal
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News
Judge sides with Bluefin in landmark ruling for FOS complaints
Overturn of regulator’s decision to hear D&O case
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MP blasts Flood Re SME exclusion as Devon firms face hiked premiums
North Devon MP says firms are facing ‘grossly high’ insurance premiums
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Do brokers need a code of conduct?
The latest issue of The Knowledge looks into a debate that has gripped the broking world
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Insurance probe into FCA steps up
FCA executives in the spotlight over regulatory briefing which damaged insurance companies valuations