Regulation – Page 26
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NewsIndustry backs Online Safety Bill’s new fraudulent advertising duty
Ofcom will be setting out further details for platforms
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Sponsored ContentInsurance prices remain uncertain following FCA rule change – Pearson Ham
Stephen Kennedy, director of insurance pricing at Pearson Ham, reviews how the FCA’s general insurance pricing reform is bedding in after coming into force from 1 January 2022
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AnalysisOpinion: Insurers still drowning in BI claims backlog
One year on from the FCA’s first publication of BI claims payment data, editor Katie Scott reviews the industry’s progress to date
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NewsGovernment to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The European Union has adopted a similar stance
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AnalysisBriefing: FCA shows its ineptitude with buildings insurance
The FCA has been warned on numerous occasions there was an issue, but it failed to act
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NewsFCA’s fair value set to impact new business for insurers – GlobalData
Data and analytics firm believes that there is ‘good evidence’ that FCA’s fair value regulations have affected insurers pricing strategies already
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NewsMP John Glen proposes insurance industry overhaul in Solvency II reform
A new Brexit Freedoms Bill will be brought forward too
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NewsHome and motor premiums experience ‘stark’ uptick following FCA rule change
Market research firm finds that premiums in these lines of business have experienced the biggest one-month jump in eight years as a result of the FCA eliminating price walking
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AnalysisIn Focus: How broker schemes are navigating the FCA’s fair value focus
The regulator’s pricing reform, which includes product governance requirements, raises industry questions about whether broker schemes offer fair value to customers
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NewsFCA’s GI pricing reform used ‘a sledgehammer to crack a nut’ – Fairer Finance
Plus, ‘very consumer oriented’ regulation is being stretched into ‘the realms of international and corporate business’, which may not add customer value, says Aon UK boss
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AnalysisChanges to the Highway Code set to cause ‘absolute chaos’ for commercial fleet drivers
Brokers will be at the forefront when it comes to educating the public about the changes, while insurers will need to watch out for fraud
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AnalysisBriefing: Are medical reports the latest snag in the OIC portal process?
Are medical reports behind the noted uptick in psychological injuries being added to whiplash claims and are firms deliberately delaying issuing claimant medical reports to save costs?
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NewsDevon-based broker no longer trading after compulsory liquidation
The broker breached the regulator’s Principle 11
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AnalysisMotor market back in black as claims fall
Insurance DataLab unpicks underwriting in the motor insurance market, flagging the financials of successful firms that have weathered pandemic and regulatory-induced trends
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NewsHigh Court still to determine damages following Marshmallow and Mulsanne judgment
The judge ruled that ’Marshmallow was conscientiously trying to avoid the use of Mulsanne material’ despite insurer’s trade secret theft claim
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Sponsored ContentFour innovative ways to navigate the rapidly evolving insurance market - Emergn
The insurance industry is facing a period of unprecedented change when it comes to customer expectations, technological advances and new business models. Adam Goran, client partner at global professional services consultancy Emergn, argues that these changes bring new opportunities to deliver more value to customers quickly, while also improving operational ...
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NewsEnd of dual pricing ‘calls time’ on unfair customer treatment – Honcho
The insurtech’s chief executive says the regulation marks a ‘new dawn’ and ’a whole new era across personal lines’
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AnalysisBriefing: Consumer Duty is flagship for assertive FCA
Plus, operational resilience is ‘a key element’ of the FCA’s ‘supervisory strategy for large brokers in 2022 and 2023’, says consultancy partner
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NewsKeoghs calls on government for tougher and clearer e-scooter regulations
The vehicle has been omitted from the revised Highway Code, but road users want an end to the e-scooter ’wild west’ caused by a lack of regulation
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NewsAviva backs Online Safety Bill amendment to stamp out illegal content
Ofcom will now be able to issue fines to websites that do not comply with the bill’s measures
