Regulation – Page 83
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NewsThe construction cover crisis: what we know so far and what next?
The construction market is caught up in a dilemma over Approved Inspectors who oversee projects now finding it increasingly difficult to actually get the insurance they need to operate, Insurance Times investigates
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NewsLAMP home policies transferred to Gibraltar insurer
Customers of now4cover are transferred to another Gibraltar-based insurer
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News‘The inconsistency is breathtaking’ - claimant association slams ABI tracker
The ABI has said that premiums are likely to increase, despite the Ogden rate improving
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NewsHow the rising cost of traditional building materials is impacting claims inflation and premiums
It was revealed recently by Ecclesiastical that the cost of traditional building materials is increasing, but could this have a knock-on effect on claims inflation? And what other factors might be at play?
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Online only“On the cusp of a disaster” – More building inspectors cease trading after failing to renew insurance policies
The trade body for private building inspectors gets behind insurance industry calls for stringent terms of cover to be changed urgently by the government
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NewsPensions PI insurance crisis deepens as insurer stops accepting new clients
An uptick in pensions mis-selling has prompted many insurers to reconsider their position in the last few years
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AgendaEx-CEO Asplin ordered to pay £5.3m for DAS fraud
DAS will receive around £8.3m in compensation from Asplin and the other two defendants found guilty of defrauding the firm at last year’s trial
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News‘Delivering Brexit and uniting the country’: What does Boris Johnson as PM mean for the insurance industry?
Boris Johnson has been described as a ‘consumer champion’ by some, so what will this mean for the insurance industry
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NewsInsurer boost as governmment gives £2.9m for flood protection projects
Flood Re chief executive calls the new funding a “welcomed step forward”
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NewsCLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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Online onlyFirms failing vulnerable customers face FCA action
As the FCA launches a consultation to protect vulnerable customers, the regulator warns it will take action where it finds unfair treatment
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NewsFSCS agrees deal for Alpha’s replacement cover
Final sign-off is intended to be provided on Wednesday 24 July
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NewsABI slams government’s ‘wholly disingenuous’ Ogden Impact Assessment
The ABI’s director general has written a letter to David Gauke MP to object to the ‘misleading’ document
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NewsCopart outlines potential post-Brexit salvage opportunities
Copart’s UK MD says a global client base is essential for sustainability and opportunity beyond 31 October, and how it can benefit its insurer and broker partners
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AgendaWhat counts as unfair pricing? FCA reveals all
FCA opens up on process it will use to determine what is unfair pricing
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FeaturesFigures revealed: Insurers guilty of costly Ogden miscalculation
Based on results for 2018, some of the major motor insurers look to be hit with a multi-million pound blow as the rate remains in the negative
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News‘Urgent reforms’ needed as construction sector enters insurance crisis
As one building control firm files for liquidation after failing to secure insurance, putting 12,000 building projects at risk, the industry warns urgent changes are needed to make the risk insurable
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NewsE-scooter accidents spark debate on making insurance compulsory
E-scooters are illegal to ride on public roads and pavements and insurance is not mandatory
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Online onlyPoliticians vow to pressure FCA on property commissions
Regulator has remained silent for five years but is coming under renewed pressure
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NewsLuxembourg regulator 'not eager' on allowing more UK firms to set up
So far, 12 insurers have set up an office in the country amid Brexit fears
