Regulation – Page 134
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NewsUK regulators will resist urge to gold-plate Solvency II
Prudential Regulation Authority believes UK is in a good position
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Online onlyHolding top executives to account
Prudential Regulation Authority moots new regime for senior insurance managers
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Online onlyBiba lends support to Ageas's call for young driver telematics tax break
Executive director Graeme Trudgill said the campaign was included in Biba’s 2015 manifesto to “take this issue forward”
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NewsNo FSCS levy for insurance brokers in 2015/16
But compensation scheme detects rise in deafness and mesothelioma claims
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NewsBiba urges FCA to be more proportionate in manifesto launch
Ten point plan aims to cut the cost of regulation and provide more value for money for brokers
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NewsBroker fee for running FSCS to halve
But for insurers they will have to pay 44% more towards the scheme’s running costs
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Online onlyWho’s in the top five FCA fines of 2014?
The regulator’s financial penalties against the general insurance industry more than doubled on 2013. Who had the lion’s share?
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NewsHouse of Lords to debate counter-terrorism bill
Bill includes plans to ban UK insurers from covering the cost of terrorism ransoms
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Online onlyHow the shadow banking crackdown could hit (re)insurers
Reinvestment and credit insurance in the FSB’s spotlight
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Online onlyBrokers critical of CMA draft order for no claims bonus protection
One industry executive labels reporting requirement “remarkable in its uselessness”
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Online onlySmaller aggregators to be exempt from CMA price parity ban
Ban will not apply to sites with fewer than 300,000 annual sales
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AgendaHow the UK Insurance Act 2014 will shake up the industry
Clyde & Co reviews the Act, which is currently going through parliament, and explains how it will change the (re)insurance landscape
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Online onlyCMA publishes plans for sale of no claims bonus protection
Draft motor insurance order will require insurers and brokers to publish extensive details of the product
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NewsOmbudsman freezes levy for second year running
FOS cuts non-PPI insurance complaint estimate to 31,000
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NewsEx-law commissioner joins BLM
Hertzell steps down after playing key role in insurance contract reform
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NewsSkills shortage at regulator as insurers poach staff
Insurers and bankers are taking staff from PRA to meet growing compliance demands
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NewsFCA’s Green: Consumer confidence in the insurance industry is ‘shocking’
Disconnection between industry and customer expectations
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AgendaFlood Re managing agent and broker contract awards delayed
Industry and government wrangling over secondary legislation for flood insurance scheme
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NewsFCA to ban GAP insurance sales at time of car sale
Regulator to enforce time for consumers to shop around
