Regulation
Post magazine - 6 June 2013
In Post this week, could the continuing economic difficulties faced by Spain be behind accusations that its public hospitals are refusing to accept European Health Insurance cards presented by holidaymakers when seeking medical attention?
European regulators’ inability to find traction leaves loss adjusters in limbo
FCA regulation and claims certification touted as solutions to IMDII removal
MPs call for withdrawal of parts of Mesothelioma Bill
Six MPs have called for the exclusion of certain parts of the Mesothelioma Bill, ahead of its discussion in the House of Lords today.
Interview: Chris McGloin: Up for the fight
Incoming Airmic chairman Chris McGloin is about to find himself at the forefront of an organisation with a lot on its plate. As he takes the reins during Airmic’s 50th anniversary year, he explains why he’s feeling optimistic
Apil calls for independent assessment of Mesothelioma Bill
The Mesothelioma Bill must be subject to robust independent scrutiny, the Association of Personal Injury Lawyers has warned ahead of a House of Lords debate tomorrow (5 June 2013).
Another lobbying scandal: how much longer before the government acts?
News of further lobbying scandals broke last week and hit the headlines of most of the national papers over the weekend.
Axa chief urges French president to learn from British mistakes
Axa chairman and chief executive Henri de Castries has called for French president François Hollande to "learn the lessons of Britain's experience" in the 1970s and tackle the levels of debt in France's economy.
Pressure mounts for riot damages reform
MPs and local authorities are keeping up the pressure to get a better deal for property owners and businesses in the wake of the riots of summer 2011.
DAC Beachcroft appoints former regulator to Madrid practice
International law firm DAC Beachcroft has appointed a new partner to its Madrid-based insurance regulatory practice.
Travel premiums set to rise if insurance is used as substitute of EHIC
Travel insurance premiums for countries like Spain, Greece and Cyprus are set to rise if European nations keep referring people to private hospitals instead of providing the care they are entitled to under European Law, Columbus Direct has warned.
Hong Kong’s slow moving health market
Although health insurance could be described as a sleepy business in Hong Kong, potential government reforms could bring about a shake-up in the market as Andrew Tjaardstra reports.
Spain investigated by EC over health insurance card failures
The European Commission has demanded information from Spain over complaints that Spanish hospitals are refusing to honour the European Health Insurance Card scheme.
Over 50% of insurers lack proper conduct risk strategy
More than half of insurers do not have a clearly defined conduct risk strategy in place, a PWC survey found.
Are loss adjusters better off out of the IMD?
Earlier this week Post reported that the European Commission has excluded the direct regulation of loss adjusters and claims management firms from the second draft of the Insurance Mediation Directive.
Post magazine – 30 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Google to face ‘formal charges’ for breaking EU law
European Commissioner Joaquin Almunia has warned Google that it is likely to face formal charges for violating European competition law, the New York Times reported.
MAS opens office in Beijing
The Monetary Authority of Singapore has opened a representative office in Beijing.
View from the Top: Mark Hodges Group, Towergate Insurance
Biba 2013 leaves brokers feeling positive
North of the Border: Take care to avoid costly mistakes
When it comes to pursuing different claims arising from the same negligent act, a claimant’s failure to recognise the distinction between Scottish and English law could be costly.
Market Moves: Ageas plans stronger over-50s push; Biba welcomes new compliance officer
Insurers and brokers took pride of place in the recruitment space this week, with Ageas among the firms making waves, hiring a new marketing boss to head up its over-50s brands. Headlining broker recruitment news is the imminent move from Marsh to the…
Loss adjusters excluded from latest IMD2 draft
The direct regulation of loss adjusters and claims management firms has been dropped from the second draft of the Insurance Mediation Directive by the European Commission, Post has learnt.
Eiopa seeks enhanced powers over large cross-border insurers
The European Insurance and Occupational Pensions Authority has outlined its desire for enhanced supervisory powers over insurance activities in European Union member states.
Private Indian insurers can operate overseas
The Insurance Regulatory Development Authority in India is opening up the door from Indian insurers to have overseas operations.
Airlines to face claims after fire causes delays at Heathrow
Airlines operating out of Heathrow could face substantial claims if current delays affect tomorrow’s flights.