Politics
Industry needs to “wake up” MPs to Solvency II
Speaking to Post, Chris Leslie MP, shadow financial secretary to the Treasury, said that the insurance industry has not yet managed to wake up parliament and politicians to the impact that Solvency II could have.
Insurer estimates hit £750m as city riot damage racks up
RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims with the latest riot bill estimate hitting £750m, as Post went to press.
View from the top: The going gets tough
Tough is probably a rather English understatement to describe the state of the world — and the world of reinsurance and insurance — today.
Legal expenses - Commercial cover: Two sides to the story
With the legal expenses sector about to undergo a massive shake-up, Jakki May looks at the changes, why some are welcoming them with open arms and why others
Labour leader calls on insurers to pay riot claims quickly
As David Cameron prepares to “fightback” against the rioters and looters who have wreaked havoc in recent days, opposition leader Ed Miliband has called on the government to work with insurers to help victims.
Jack Straw confirmed for annual Post Claims Event on 12 October
Former Justice Secretary and outspoken critic of referral fees Jack Straw will address the annual Post Claims Event on 12 October, Postonline can reveal.
Shadow Treasury minister tells Osborne to take Solvency II "more seriously"
Chris Leslie MP, shadow financial secretary to the Treasury, today called on the Chancellor to initiate higher level debate on the effects of Solvency II on UK consumers and business.
Shadow Treasury minister tells Osborne to take Solvency II "more seriously"
Chris Leslie MP, shadow financial secretary to the Treasury, today called on the Chancellor to initiate higher level debate on the effects of Solvency II on UK consumers and business.
Credit hire: Improving the engagement
The credit hire industry has traditionally had a rocky romance with insurers. Sam Barrett looks at what has gone wrong and how the two sides can reconcile their differences.
News analysis - Lancashire Tax move: Bringing business back to Blighty
With Lancashire set to move its tax residence to the UK, Amy Ellis looks at proposed reforms to the controlled foreign companies rules and asks whether other insurers may follow suit.
O'Roarke urges legal fee crackdown
LV's managing director of general insurance John O'Roarke has added his voice to the cries for a crackdown on legal fees.
Broking focus - Regulation: The new broom
The Financial Conduct Authority will assume responsibility for the regulation of brokers taking over from the Financial Services Authority at the end of 2012. The Institute of Insurance Brokers, the British Insurance Brokers' Association and the London &…
Editor's comment: The wheels of industry
The schools may be out for summer and European business fast grinding to a halt as workers decamp to the coast but it's good to see the wheels of British commerce continue to turn, albeit at a rather less than frenetic pace.
MoJ reports a tenfold increase in unauthorised CMCs being shut down
Record numbers of unscrupulous or unauthorised claims management companies have been shut down by the Ministry of Justice in the last year.
European Parliament confirms Solvency II 2014 delay
The European Parliament has agreed that Solvency II should be delayed until 2014.
Comment - Referral fees: Make your mind up time
As the debate over the future of referral fees rumbles on, it is time for the government to make its decision or risk creating confusion over its civil justice reform programme, writes Kate Lotts.
News analysis - ABS delay: Still waiting for a change
Last week it was confirmed the Solicitors Regulation Authority would not be approving alternative business structures this year at least. Amy Ellis asks what caused the delay.
Brokers warned of HSE consultation implications
Insurers and brokers need to make clients aware of a new government-backed system for recovering costs from those who break health and safety laws, an industry expert warned this week.
Blasts prompt rethink over Indian appetite
Insurance claims arising from the recent terrorism attack in Mumbai are unlikely to have an immediate impact on rates, according to market observers.
Amicus to close Colchester office in efficiencies push
DAS-owned Amicus Legal is to close its office in Colchester, making 21 people redundant.
Postbox: Fraud unit funding not a floodgate
Your front page headline 'Insurers fear £9m fraud unit will prompt further cash calls' is somewhat alarmist.
Post history - 50 years ago: Draft war settlement laid out
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
MPs for Financial regulation scrutiny panel unveiled
Half of a 12 member committee charged with scrutinising the government’s draft Financial Services Bill have been identified by the House of Commons.
Cameron “sympathetic” to referral fee ban
Speaking during Prime Minister’s question time yesterday David Cameron said that he is “very sympathetic” to a referral fee ban.
