Financial Services Authority (FSA)
FSA "a lame duck" following CEO resignation, claims lawyer
Jonathan Davies, regulatory partner at City law firm Reynolds Porter Chamberlain, believes insurers should be worried by the news Hector Sants is to quit the FSA.
FSA boss to quit in the summer
The Financial Services Authority has today confirmed that its CEO Hector Sants plans to step down this year.
Bridgewater House director receives FSA ban
A director of general insurance and mortgage firm Bridgewater House has received a ban from the Financial Services Authority for failing to comply with client money rules.
FSA bans "incompetent" director over client money failure
Matthew Sixsmith was the director of Bridgewater House UK, which dealt mainly in the sub prime mortgage market, but also arranged life and critical illness insurance in connection with those mortgages.
Roundtable: Solvency II in depth
In this extended roundtable discussion, group editor-in-chief Ant Gould and industry big hitters from the UK and continental Europe consider the progress made by (re)insurance as the once-distant spectre of Solvency II now looms large and close
Hoban pledges 'dedicated' resource for insurance
The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.
FSA to publish insurer complaint figures in August
The Financial Services Authority has today confirmed that it will require firms to publish information on how they handle complaints, to help people see how firms are performing in this important area and to drive up complaints handling standards across…
Financial Services Authority issues Walker Review consultation paper
The FSA has issued a consultation paper on effective governance standards within firms which aims to implement a number of recommendations in the Walker Review.
Directors' & Officers' - economic impact: Bitten by the risks?
The credit crunch threatens to bring a rise in directors' and officers' claims. Jane Bernstein investigates whether this threat is becoming a reality and how this is affecting sales of the product.
Regulation - PPI fallout: Burst the balloon
With the Competition Commission poised to bring a new case against point of sale payment protection insurance, Leigh Jackson asks what now for the sector — and where might the regulator point its finger next?
FSA finds leaky flood cover
The Financial Services Authority has warned that general insurers may not be treating customers fairly when communicating policy terms on flood cover.
FSA warns brokers of "intrusive" supervision
The Financial Services Authority has made the handling of client money its "number one" target in its supervision of insurance brokers in 2010, according to the British Insurance Brokers' Association.
Post Pick of the Week
Post reporter Leigh Jackson outlines the major stories from this week's issue of Post: Insurance asbestos costs to double;Axa personal injury move; FSA targets client money; Henderson director joins Towergate; Aviva scraps commercial and personal posts.
Editor's comment: FSA: not gone yet
If the insurance broking fraternity thought that the banking crisis would lead to the Financial Services Authority giving them an easier ride over the coming months, as it channelled its energies there, then last week's 'Dear CEO' letter may have caught…
Brokers warned of "storm brewing" after FSA voices client money concerns.
CMS lawyer expects regulator to take tougher action.
Insurers unprepared for ARROW visits
Survey finds lack of understanding from industry
Post Magazine 14 January 2010
This issue featured an interview with new FSA insurance sector boss Ken Hogg, a focus on motor premium payments, major loss and comprehensive legal update on vicarious liability, care costs, limitation periods and brand protection and all the latest news…
FSA bans Stephen Allen
Director of Fabien Risk Services banned for failing in his duties of a regulated firm.
The contented regulator
Six months into his regulatory role, Ken Hogg talks to Jonathan Swift about why after two decades working for insurance companies he is now well placed for life at the Financial Services Authority.
Pick of the week
Pressure mounts after pleural plaques review thrown out; Insurers warned over off-shoring VAT bill; Zurich plans real estate growth; Oakley opens branch of Chesham Insurance; Smaller brokers face FSA fees hike
New FSA insurance boss: Tory scrap plan not "undermined" work
Ken Hogg bullish despite Conservative plans to replace FSA.
Enough being done?
November's flooding in Cumbria once again highlighted this growing risk and coincided with publication of the Flood and Water Management Bill. Tony Hutchins assesses the proposals and asks if the government is doing enough to manage flood risks.