Regulation – Page 225
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Features
Taking a firm stance on regulation
With a sizeable number of companies missing the March deadline for implementing the treating customers fairly regime, Simon Burgess says the FSA must do more to ensure businesses comply with the changing environment
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News
Biba acts in goodwill crisis
Biba is looking at developing a solution for brokers to address the potential crisis over goodwill. The move follows a warning in March from the FSA that nearly 600 brokers must restructure their businesses by early next year or be in breach of the rules. Under FSA rules, goodwill cannot ...
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FSA warns small retail firms
The FSA has said that small retail firms are not under the regulatory radar...
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FSA finds improvement in insurance advertising
Improvements follow the regulators challenge to firms to improve home and motor insurance press advertising standards...
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Online onlyFSA shows its teeth again
The regulator's crackdown on rogue brokers is gaining pace with the annoucement of another banned director
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Broker banned by FSA
FSA bans Powell Price & Company director for failing to pass on client premiums to insurers
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CII will not confer degrees
The CII has decided to maintain its status as a professional qualifications awarding body...
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Grant Thornton calls for 'reasoned debate' on FSA review
Grant Thornton's financial markets group has today spoken out in the debate on the FSA Retail Distribution Review ...
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Swinton: penalty points won't drive up premiums
Drivers need no longer fear impact of penalty points on premium rates following Swinton announcement
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News AnalysisTCF - unfair to brokers?
As the FSA reports on the industry's progress in implementing its treating customers fairly regime, Insurance Times finds some brokers are calling for more guidance on the principles. Natasha Lavattiata explains why
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News
FSA rejects calls for clarity over transparency probe
The FSA has rejected calls to provide details of the remit given to the research consultancy investigating commission transparency. Brokers had voiced their concern over the nature of the questions posed by the consultancy, CRA International. They claimed the questions were skewed in favour of mandatory commission disclosure, prompting calls ...
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News
More pressure over corporation tax
Pressure is set to mount on the government to lower the level of corporation tax even further despite promises to enhance the UK's competitiveness.City leaders and prime minister-in-waiting, Gordon Brown, have pledged to improve the capital's attractiveness by introducing new measures, including a dedicated London insurance university.But the proposals, which ...
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Supplements
Introduction
Brokers graduating from the class of 2007 and beyond are in a strong position, accumulating knowledge and expertise unknown to previous generations. This has taken on a new, and fundamentally important dimension thanks to a joint initiative between Biba, the CII and AXA, with the launch of the Broker Academy.This ...
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Features
Making brokers' voices heard
Brokers are feeling more and more frustrated with the FSA over ICOB regulation and unlevel playing field it will create James Sullivan reports on Biba's response
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Features
Polluters to pay but what is the cost for insurers?
With the soon to be enacted EU Environmental Liability Directive, restoration becomes the new compensation says John Hancock
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Features
Same duty different focus
Roger Flaxman asks what is different about the broker's ordinary duty of care in light of FSA regulation
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Features
Looking for a knock-out
The long running saga of whether travel agents should be regulated for selling travel insurance is about to be decided. Anita Anandarajah explains the issues
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Biba launches UK valuations scheme
Biba partners Cunningham Lindsey in valuation scheme for members
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ACE settles another contingent commission charge
ACE has reached a $9m settlement with the Attorney General for the State of Pennsylvania over underwriting practices...
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Govt to spend more on flood resilience measures
The government is set to announced today a £500,000 funding package to help make flood vulnerable homes more resilient against flooding...
