Regulation – Page 97
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NewsHolidaymakers warned that drinking too much could mean a rejected claim
Ombudsman says rejected claims are commonplace for holidaymakers who drink too much
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NewsRomero Group shows "consistent" growth in latest results
Romero Group announce its 2016.17 results, with healthy, organic growth across the board
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News AnalysisA lesson in how NOT to run client money - fined One Call founder John Radford's string of blunders revealed
How One Call founder John Radford ignored auditor’s warnings, was too busy to read FCA paperwork and didn’t check TOBAs properly
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NewsGovernment names date for SMCR's insurance launch
The Treasury said SMCR will apply to the insurance industry from 10 December
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NewsGibraltar-based Evolution exits SII transition
CEO Will Bidwell says insurer is aiming for an A-rating within three years after further boosting its solvency
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News2018 set to show further growth in ILS market
WTW Securities analysis shows capital growth and improved risk could make 2018 another record-breaking year for the ILS market
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NewsCar insurance price rises "in reverse" as Ogden effect spreads
Car insurance premiums have increased 9.6% in 2017, but the increase was in reverse in Q4
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NewsOne Call has “made financial provisions” for massive FCA fines and restrictions
Doncaster-based broker One Call has expressed “regret” over inadvertently spending clients’ money and said it has made provisions for the fine
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NewsOne Call hit with hefty FCA fines and trading restriction
FCA decision notice reveals past reckless spending by Doncaster-based One Call Insurance, which inadvertently burned through £17.3m of clients’ money
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NewsLexis Nexis launches software development kit for access to telematics exchange
Insurance providers will now be able to plug into the telematics platform and build applications
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NewsPreservation Capital completes MGA acquisition
Ascent Underwriting announce that Preservation Capital Partners received FCA approval to complete acquisition
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NewsClyde & Co blasts "inconsistent" civil courts as it pilots new arbitration system
The system will be used to arbitrate large loss personal injury claims from a major UK composite insurer and 12 leading claimant firms
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NewsDAS UK launches new Amazon Echo skill
People will be able to ask a variety of questions regarding legal expenses, insurance and a range of common legal issues
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NewsBrokers must be wary of “snake oil” companies in wake of GDPR
Brokers should outsource to avoid GDPR “financial and regulatory headache,” but they need to be wary of “snake oil” companies, warns SchemeServe chief operating officer.
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NewsAdmiral "consulting lawyers" over Sun article
The Sun previously claimed Admiral gave different quotes depending on the customer’s name
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NewsLack of trade credit cover exposed in Carillion fallout
The ABI estimates Carillion trade credit insurance payouts at £31m, but that is a fraction of the losses expected.
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NewsComplaints – Worst performing policies revealed
Exclusive research by Insurance Times reveals that home emergency cover is the most complained about policy area
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NewsQuindell auditor slapped with hefty fine
Quindell’s auditor has been fined after admitting to misconduct
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NewsMost customer-friendly insurers revealed – FOS complaints data analysed
Exclusive analysis by Insurance Times of data from the Financial Ombudsman Service ranks insurers by how many complaints were upheld.
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NewsNevada buys remaining 20% of Broker Network
Nevada Holdings adds to the 77% stake it has in Broker Network by acquiring remaining 19.9% from Ardonagh
