New ABI chairman outlines challenges ahead

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Tim Breedon, group chief executive of Legal & General has been nominated to become the next chairman of the Association of British Insurers.

Mr Breedon will be formally appointed at the Association's AGM in July when Archie Kane will step down as chairman having completed a three year term of office.

Mr Breedon has been group CEO of Legal

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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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