Brussels confirms insurance probe

The European Commission has decided to launch sector inquiries in financial services in the European Union in the areas of retail banking and business insurance.

The inquiries will examine whether competition is working in these markets and whether markets are competitive enough to deliver their full benefits to consumers.

The inquiries will be complementary

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What insurers should do to stop sexual harassment

Analysis: Damisola Sulaiman reviews the progress of trade bodies in responding to the Financial Conduct Authority’s findings on sexual harassment in the industry and explores what steps insurers and brokers can take to prevent abusive incidents and the ramifications if they fail to do so.

FCA stops potential ghost broker from trading

The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.

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