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Regulation

FSA warning over unauthorised motor insurer

The Financial Services Authority has issued a warning to consumers about a company called H&O Insure Limited which it believes is offering invalid motor insurance policies to the general public. Policies issued under this name have come to light in the…

CFA revamp revealed

Consumers, businesses, insurers, courts and lawyers will benefit from simplification of conditional fee regulations, the government claimed.

UnumProvident subpoenaed by regulators

UnumProvident has said it has received a subpoena from Oklahoma's insurance commissioner seeking evidence of possible improper broker compensation and bid-rigging in the state.

Vukelic fired from Faraday

Berkshire Hathaway has confirmed that Milan Vukelic, the chief executive of the Faraday arm of the company’s General Re subsidiary, has been dismissed.

Appointment at Navigant New York

Paul Braithwaite, has joined the New York office of Navigant Consulting, as a managing director in the financial services practice. Braithwaite will lead the company’s growing actuarial consulting services team.

MMC results show post-Spitzer damage

Marsh & McLennan second quarter and first half results for 2005 have shown a sharp fall in profits for the company as it struggles in the wake of the fallout from the Spitzer inquiry.

Finite is dead: long live finite!

The term 'finite reinsurance' has recently become subject to intense scrutiny by insurance regulators. Jonathan Teacher of Kendall Freeman analyses the response at European Union (EU) level

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