Regulation – Page 96
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Lawyers give dire warning as study reveals reforms will wipe out PI solicitors
The new reforms, especially the small claims limit increase, has cast doubt on a lot of law firms’ future
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Blanc: Insurance needs to do more for women
Insurance is serious about inclusion, but needs to do better, says AXA’s Amanda Blanc
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CBL Insurance Europe in administration
Irish Central Bank appoints administrator for European unit of troubled CBL
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High Street chain looks for “solvent sale” after losing trade credit insurance
Technology retail chain looking for a buyer after trade credit insurance withdrawn
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CBL Insurance in liquidation
New Zealand regulator puts troubled insurer into interim liquidation
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Telematics firm slams government's "unfair" plans to ban young drivers at night
Insurethebox comes out against the proposed ban on new drivers going out at night, calling it “unfair” and “punitive,” while the ABI keeps an open mind
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Crisis-hit CBL Insurance Europe to lose major airline as customer
Ryanair looking to drop CBL Insurance Europe amid company problems
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Insurer with UK and Irish brokers/MGAs ordered to stop writing new business
CBL Europe ordered to stop writing new business by Irish Central Bank
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Lawyers outraged as ABI given go-ahead to fund PI gateway
The government accepts an offer in principle for the insurance industry to fund and build new litigation portal
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Do brokers REALLY understand client money and risk transfer? Why fined One Call may not be alone
Compliance consultants have urged brokers to check their TOBAs, and make sure they are well-versed in the rules on client money, after One Call was slapped with a £684,000 fine and trading restriction expected to cost £4.6m
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GDPR governance: how much is enough?
Europe’s new GDPR data protection regime is demanding on data governance, leading to compliance fears, our sister publication StrategicRISK reports
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EU confirms IDD delay
Implementation of the new Insurance Distribution Directive has been delayed from 23 February until October, it has been confirmed
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Insurer non-exec director to take on FSCS chair position
The new FSCS chair, who is a non-executive director of a major European insurer, will take on the role from 1 April.
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Irish insurer in crisis as regulators order urgent action
Dublin-based insurer, CBL Insurance Europe is crisis after the Central Bank of Ireland ordered it to bolster capital and reserves, and its parent company has been suspended from trading its shares on two stock exchanges
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Government sets date for whiplash crackdown
The government has set a new target date for implementing legislation tightening up personal injury claims
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IPT cash receipts up 15%
HM Revenue and Customs releases its IPT bulletin, showing a 15% increase so far this financial year
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AIG loses court decision in whistleblower indemnity case
Former Olympus boss, Michael Woodford, is suing AIG for £1.36m, and the US insurer wanted to inspect confidential documents
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FCA confirms IDD delay
The regulator has confirmed it is planned to delay the IDD until October
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Less than 20% of UK brokers aware of Energy Act's effects on property owners
The new Minimum Energy Efficiency Standards (MEES) deadline is in less than two months
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Clients must come first in Brexit, says LIIBA chair
Speaking at the BIPAR conference in Madrid, the chair of LIIBA outlined his priorities on Brexit discussions