FSCS names interim chief executive

The Financial Services Compensation Scheme has announced that Ron Devlin, OBE, has agreed to act as interim chief executive following the departure of the current chief executive, Suzanne McCarthy, at the end of May.

Mr Devlin previously worked at the Financial Services Authority as director of pensions review and joined the FSCS in 2001.

Nigel Hamilton, FSCS’ chairman, said: “I am delighted that Ron has agreed to

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Lessons insurers must learn from LA wildfires

As celebrities condemn insurers after the most destructive wildfire event in Los Angeles County history, Emma Ann Hughes outlines what the industry must do to address the financial and reputational impact of the blaze.

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