Regulation
Customers back rule cuts
The Association of British Insurers has unveiled customer research that supports calls for regulatio...
five years ago
Looking back
Ambiguity over term definition in contract
Proforce Recruit v Rugby Group, (Court of Appeal - 17 February 2006)
Brokers creating a two-tier market
Insurance buyers have warned that a two-tier market is emerging, to the detriment of smaller compani...
Appointment at Cooper Gay and Cashman
Cooper Gay and Cashman has appointed Kirk Bitu as a senior vice-president. Mr Bitu will be responsib...
Appointment at Markel International
Markel International has appointed Ian Smith as hull war underwriter within its marine energy divisi...
Deal or no deal
Mergers and acquisitions
Appointment at Association of British Insurers
The Association of British Insurers has created two new roles in its communications department. Fran...
Appointment at Allianz Cornhill
Rachel Stoneman has become a before-the-event senior claims handler at Allianz Cornhill. Ms Stoneman...
Penny Black's insurance week
Penny often hears from brokers that the Financial Services Authority is only intent on fishing money...
London market skills project begins phase two
Quantica Training, in partnership with London East/Central Learning Skills Council Central, and supported by the Financial Services Skills Council, has embarked on the second phase of their “Bridge the Gap” project to develop skills and employer…
Uninsurable losses may arise out of TCF
The Financial Services Authority’s “Treating Customers Fairly” campaign could leave financial services companies facing substantial uninsurable claims for which they have no legal liability, warned law firm Reynolds Porter Chamberlain.
Zurich settles bid-rigging probe for $153m (£87.58m)
Zurich Financial Services has come to an agreement with New York Attorney General Eliot Spitzer and State Insurance Department Superintendent Howard Mills to resolve allegations of bid-rigging and improper "finite reinsurance" transactions.
FSA changes application process
The Financial Services Authority has announced changes to its application process so that mortgage, general insurance and investment firms can now build their own application pack tailored to their type of business. The regulator has also redeveloped its…
NU: businesses slow to implement noise at work regulations
Businesses have been slow to respond to impending legal changes affecting noise at work, according to Norwich Union.
FSA in TCF stock take
Sarah Wilson, Financial Services Authority director responsible for Treating Customers Fairly, today gave the market an update on the progress being made with TCF ahead of its next report in July.
2007 date set for FSA levy overhaul
UK general insurers only want to be responsible for defaults from their own sector, it was revealed ...
Standard and Poor's UK non-life report
In the Standard and Poor's UK non-life report, the UK's sovereign rating is AAA/stable/A-1+ rating a...
CII regulatory claims: too little, too late
It is ironic that the president of the Chartered Insurance Institute, Peter Hales, should think we a...
ABI talks over Pandora's box
The Association of British Insurers has claimed that the introduction of legislation against the use...
FSA calls on insurers to be more proactive
Two out of every five claims operations are failing to keep policyholders informed of progress with ...
The FSA will speed up process of authorising new insurers
The Financial Services Authority has said it will speed up the process of authorising new insurers i...
What the papers said this week
The Sunday Times Millionaire businessman Johan Eliasch has bought a 400,000-acre plot in the heart ...
Clubs should be aware and protect themselves
I read with interest the 'Liability for amateurs to increase' article regarding insurance for amateu...