Regulation – Page 135
-
Online only
Cap on credit hire charges in doubt
The Competition and Markets Authority does not have the power to cap charges recoverable through court
-
Online onlyGibraltar-based Southern Rock directors step down after regulatory probe
Two recent directors, chief executive Arron Banks and Admiral director Alan Kentish, step down
-
Online onlySouthern Rock to sue Gibraltar regulator
Chief executive Arron Banks claims the Gibraltarian Financial Services Commission put undue pressure on PwC when commissioning an independent report into reserving issues
-
Online onlyChildren's safety at risk from new government insurance plans - Marsh UK boss
Marsh UK chief executive Mark Weil urges education secretary Nicky Morgan to ditch insurance plan
-
Online onlyThe Insurance Times guide to Flood Re
What you need to know about the UK’s new affordable flood insurance scheme
-
Online only
General insurance accounts for 74% of complaints referred to the FOS
Car and motorcycle insurance is the most complained about general insurance product, excluding PPI
-
Online onlyInsurance Europe on the top (re)insurance regulatory issues
Director general Michaela Koller gives update
-
News
Insurance Bill abolishes commercial basis clauses
Government claims new rules will save businesses £100m
-
Online only
FCA directors not paid bonuses as remuneration falls
But chief executive Martin Wheatley still took home £610,000
-
News
Only 6% of insurance execs believe Solvency II costs are ‘reasonable’
And 62% felt the preparations are distracting management from running their business
-
Online only
Solicitors accused of ‘playing the system’ with psychological harm claims
Transport Select Committee investigation finds psychological claims being made even if they are not in the claimant’s interest
-
Online only
MPs criticise insurers for paying whiplash claims without medical evidence
Transport Select Committee also calls for deadline for making a whiplash claim to be cut
-
News
FCA chief to defer bonus amid life insurance gaffe probe – reports
Decision by Martin Wheatley and eight colleagues to defer payments is expected to be published in July annual report
-
Online only
CMA probe: Remedies are a missed opportunity for a dysfunctional market
Proposed remedies will do little to address the problem of rising claims costs, analyst warns
-
Online only
CMA probe: credit hire volumes could increase
Credit hire organisations could be incentivised to take on more split liability cases as a result of the proposed CMA remedies
-
-
News
Risk managers shrug off broker conflict of interest concerns
Remuneration models drop down list of Airmic members concerns
-
Online onlyHow a derivatives rate rigging scandal could cost insurers money
Allegations of interest rate swap market manipulation could spark wave of costly D&O claims and litigation
-
Online onlyBriefing: Why the ban on aggregator pricing restrictions is good news for the industry
The CMA has moved to ban most favoured nation clauses in a move that should see better commission rates and an improved service from the aggregators
-
Online only
CMA probe: Aggregator pricing restrictions to be banned
But insurers will still not be able to offer prices cheaper through their direct site
