Regulation
Worst of financial crisis is over, says survey
The worst of the financial crisis is over, according to a survey of senior executives conducted by the Insurance Information Institute.
New FSA insurance boss: Tory scrap plan not "undermined" work
Ken Hogg bullish despite Conservative plans to replace FSA.
XL share price falls 5% on Ireland plans
XL's share price falls 5% on worries that the group's plan to Ireland might lead it to be removed from New York indices.
Ace granted Saudi license
Ace Arabia Cooperative Insurance has been granted a license by the Saudi Arabian Monetary Agency
Ceeney is unveiled as Merricks' successor
Natalie Ceeney will take up role as chief ombudsman and CEO in March.
Justice Secretary tells insurers to abandon plaques appeal
Kenny MacAskill tells insurers to "carefully reflect on what Lord Emslie has said".
Insurers defeated in latest effort to overturn Scottish plaques bill
Lord Emslie rejects the insurer's challenge.
Post Magazine 7 January 2010
This issue featured an interview with new Aviva boss Mark Hodges; a look at claims representation at board level; solvency 2; contingent commissions; damage management; the Floods Bill; Auditor liability and all the latest news and views from the general…
AIG, Zurich and Ace units named in Chinese drywall lawsuit
'Chinese' drywall suit names 14 insurers, including AIG, Zurich and Ace
New York Governor to push for insurance exchange
David Paterson pushing to revive NYIE
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.
Contamination frustration
The appropriate methods for the clean up of contamination are not always followed to the letter. Martin Richell reports on the liability issues that can occur when this is the case.
Keep schtum
Rachel Gordon looks into contingent commissions, questions why so many brokers and insurers refuse to explain their strategies, and queries whether the Financial Services Authority's stance is strong enough.
Yet more regulatory burden
Changes to capital requirements are not the only element of Solvency II that insurers should be concerned about. Neil Coulson details the proposals for onerous information sharing.
Insurer security remains top priority
Financial strength crucial to Airmic members
US health reform passes test vote
US health reforms continue on path to becoming law.
Healthcare bill to bar insurers from denying coverage – Obama
Obama says healthcare bill will bar insurers from denying coverage to those with existing illnesses, terminating coverage for those who become ill, or charging “exorbitant premiums” on the basis of age or gender
Sprinkler review vital as fire costs escalate
Calls for urgent action to cut the soaring economic cost of fire could be in vain, after the shadow fire minister said a future Conservative government would not back mandatory sprinkler installation.
Crisis kickback
The continued credit crisis has set in motion a raft of alterations to accounting standards. John O'Neill outlines these changes and their impact.
An explosive finale
2009 looked like being a quiet year for loss adjusters, writes Leigh Jackson. However, the floods that hit Cumbria over a three-day period at its tail-end have provoked a surge in activity.