Regulation
FSA tells general insurance intermediaries no excuse for failing to protect client money
The Financial Services Authority (FSA) said that general insurance intermediaries holding client money have no excuse for failing to protect it adequately after recent work found that those who used its new Client Money Guide showed a marked improvement.
FSA – Latest developments on Payment Protection Insurance (PPI)
Stuart King, head of Retail Intelligence and Regulatory Themes at the Financial Services Authority (FSA), outlined in a recent speech the estimated size of the PPI market.
FSA sets outs reforms to funding of Compensation Scheme
The Financial Services Authority (FSA) today set out proposals to reform the funding of the Financial Services Compensation Scheme (FSCS).
Regulator proposes compensation scheme capacity of up to £4.4bn
The Financial Services Authority has set out proposals to reform the funding of the Financial Services Compensation Scheme.
A speech by the FSA on TCF - Progress and Next Steps
Speech by Sarah Wilson, Director Retail Firms Division, FSA Freshfields Bruckhaus Deringer: TCF Seminar 19 March, 2007
PYV sues four ex-employees and rival CRS
PYV Limited, part of the PYV Group of Companies, has issued High Court proceedings against a number of former employees and their new employer CRS Group PLC (formerly Cameron Richard and Smith Insurance Services Limited) (“CRS”).
Rainbow earmarks £2m for investment programme
A major investment in staff and resources has been announced by disaster restoration specialists Rainbow International.
Novae into the black
Novae Group has announced its 2006 preliminary results including profit before tax and exceptional items of £32.8 million (2005: £17.9 million loss).
FSA to impose PPI sales rules
The regulator has revealed it intends to set some specific requirements in respect of high risk payment protection insurance sales.
Exclusive: FSA offers brokers Goodwill lifeline
Brokers have been granted a welcome reprieve in their efforts to negotiate the end of the grace period for listing Goodwill as an asset, writes Martin Friel from Insurance Age.
Green light for green technology
Business Interruption: Green technology
Midwife PI insurance will require external funding
The government will need to provide state or private funding to cover independent midwives, or hundr...
Arbitrators respond to dramatic rise in dispute demand
The Chartered Institute of Arbitrators has spun off its dispute resolution business into a subsidiar...
Appointment at DLA Piper
DLA Piper has appointed marine insurance specialist David McKie as a partner. He was a partner at El...
Sea change
Marine: pilot error
Farr readies for action after appeal court win
Erinaceous group subsidiary Farr Insurance Brokers is believed to be considering taking legal action...
Penny black's insurance week
Always keen to catch up with former chums, Penny was delighted to bump into former managing director...
Travel trouble
Following the closure of the Treasury's call for evidence in its review of travel insurance sales, and while it analyses the options, Ian Holloway argues for removal of exemptions
Double standards
While Jeff Herdman favours commission disclosure, he suspects self-interest motivates the super brokers on this issue
Pestering power
Workplace Mobbing
Appointment at IAIS
Walter Bell, commissioner of the Alabama department of insurance, has been elected vice-chair of The...
Feeling the glare
Competition Law
RSA expects to rely less on UK earnings by 2009
Royal and Sun Alliance's UK business could represent just 21% of the group's profits by 2009, as the...
Non-life flying high
The non-life insurance market in the UK is benefiting from stable economic growth, low inflation, ve...