Regulation – Page 136
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ABI willing to discuss consumer statement of rights with credit hire industry
But the ABI’s Rob Cummings said insurers still have ‘significant concerns’ with the proposed wording
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NewsHouse of Lords issues call for evidence on Insurance Bill
Those with interest n the bill have until 27 November to submit views
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NewsTowergate to review more than 2,000 customer files following FCA probe
The regulator has been investigating sales practices at Towergate Financial
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Online onlyHuw Evans to become ABI director general
Current director general Otto Thoresen will step down from the role in February 2015
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NewsFinancial firms agree to improve complaints handling after FCA review
Regulator to consult on changing its dispute resolution rules
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NewsFCA: Most brokers failing to manage bribery and corruption risks
Files and senior management oversight found weak in majority of firms studied
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Online onlyInvestigation: Gibraltarian insurers in Solvency 2 capital battle
Some companies are trading below their minimum required solvency margin, while others still have work to do to beef up
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NewsCMA defends action on protected no claims bonus cover
Speaking at the Insurance Times Broking in the Motor Revolution conference, inquiry director Andrew Wright said sales practices for protected no claims bonus represented a ‘significant’ problem for consumers
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NewsBan on price parity agreements will reduce aggregator commission prices – CMA
Competition and Markets Authority inquiry director Andrew Wright told delegates at the Insurance Times Broking in the Motor Revolution conference that the ban on wide most favoured nation clauses will improve aggregator innovation and drive down acquisition prices
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NewsBrokers need to influence regulation to create a fair market - Mark Cliff
Ageas Retail chief exec warned delegates at the Insurance Times Broking In The Motor Revolution conference about the “unintended consequences” of an unfair regulatory landscape
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Online onlyIFB 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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FeaturesRegulation 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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NewsBrokers 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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Online onlyLaw 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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Online onlyABI 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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Online onlyBrokers 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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Online onlyBriefing: 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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NewsFormer 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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Online onlyPRA questions insurers over climate change
The regulator wants to know how businesses and investments will be affected by the changing global climate




























