Regulation – Page 134
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Claims rebound after Laspo reforms
Claims registered with the Ministry of Justice portal grew by 16% in August compared to same period in 2013
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Has Laspo worked?
With claims volumes on the rise again, Insurance Times investigates the claims experience behind the numbers and asks whether the Laspo reforms have had a significant effect in the fight against fraudulent whiplash claims
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Credit hire firms ready to challenge CMA findings
“The bear is going to be unleashed” if it doesn’t get what it wants, the Credit Hire Organisation director general said
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Features
Another messy year of solicitors' PII renewals
Solicitors are expected to leave it even later this year to renew their professional indemnity cover. Insurance Times examines why
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Agenda
Briefing: 'complaints are good for insurers'
Insurers should see figures on complaints from the Financial Ombudsman Service as positive
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Features
Regulation Report Part 4
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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General insurance complaints continue to fall – FOS
Complaints referred to the Financial Ombudsman Service have fallen to their lowest levels since 2012
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Agenda
Insurers to face new wave of D&O claims
Alleged manipulation of the interest rate swap markets is to blame
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News
Solicitors PI minimum cover will not change before renewal
Legal Services Board has given itself another year to mull the changes
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Aon launches Solvency II capital requirement calculator
Excel-based solution helps companies calculate requirements using the new regulation’s standard formula
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Broker fined £8.4m for mis-selling accident insurance products
Stonebridge targeted low income customers without degrees or qualifications
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FCA plans to publish claims data a bad idea - UK General boss Hubbard
UK General boss disagrees with a key part of the FCA’s plans to shake up the sale of add-ons
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Is the add-on market under threat?
With the FCA announcing it intends to force insurers to publish claims ratios for add-on products, Insurance Times looks at what the proposal means for the sector and whether its very existence is under threat
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Riot Damages Act reforms could cut compensation by 90% – ABI
Insurers criticise the reforms and call for cap to be removed from the proposals
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Industry welcomes MoJ reforms to cut whiplash costs
Cap on medical reporting costs will drive down the cost of claims but more is needed to fix the market
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Whiplash assessment fees to be slashed as government plots fraud crackdown
Medical experts will be banned from writing reports and offering treatment from October
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Brokers face buildings insurance commission disclosure as competition watchdog cites 'excessive charges'
Property managers and freeholders incentivised to choose insurer with highest commissions, CMA warns
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Mesothelioma report criticised for being "too cautious"
Defendant law firm says mesothelioma cases do not differ from other disease cases and should be included in the Laspo reforms
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Government must re-consult on mesothelioma costs
Justice Committee criticises the intial consultation for being rushed through
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Brokers failing to protect customers from credit card fraud – Callstream
Brokers risk £10,000 fine by PCI Security Standards Council.