Regulation
Under strain
Rising complaints about the solicitors' indemnity scheme have prompted calls for change. Hugh Price and Roger Flaxman explain why varying the renewal date alone will not solve the problem.
IIB and Biba plan united front if Tories win
Talks over how to present a united front to a new government if the Conservatives seize power next year have begun between the Institute of Insurance Brokers and British Insurance Brokers' Association.
Industry cries foul over IPT decision
The insurance industry has called on the Chancellor to reconsider a decision to apply insurance premium tax to fees on personal lines insurance sold through intermediaries.
Consumer law reformer admits election fear
Proposals to update consumer insurance law for the first time in more than a century have received a mixed reaction from the insurance industry.
Hogan & Hartson and Lovells vote to merge
International law firms Hogan & Hartson and Lovells’ respective partnerships have approved the merger of their firms. The combination will be known as Hogan Lovells, effective 1 May 2010.
ABI welcomes Law Commission report
Director general Nick Starling pleased with approach.
CII: reforms will improve claims handling clarity
Policy head Baxter: "clearly time for a refit"
Law Commission unveils consumer insurance report
Proposals include draft bill to replace 100 year-old legislation
European Commission approves RBS restructure
Government welcomes support for the scheme
AIG exec pay capped at $500,000
Kenneth Feinberg, the Obama administration's special master for executive pay, has set $500,000 cash salary limits for employees at four companies that received "exceptional" US assistance including AIG.
UN Security Council considers (re)insurance ban on Iran
The UN Security Council is considering imposing sanctions on Iran including a ban on (re)insurance for Iranian tankers – WSJ
Biba expresses insurance premium tax concerns
Broker body writes to member on government budget proposals
Allianz calls for tighter fire loss controls
Insurer urges action following ABI fire report
Aon director dissapointed at not "unexpected" government failure
Susan Ross believes Labour failed to consult properly before launching top-up trade credit scheme.
ABI director general admits "dissapointment" at pre-budget announcement
Maggie Craig highlights important role of insurance.
ABI calls for industry-wide surge event plan
The insurance industry is looking to put in place an industry-wide surge event plan in the wake of recent flooding.