Politics
Election 2010: Interview - Mark Hoban MP, Conservative
If the Conservative Party regains power at the 2010 elections, the insurance industry can expect to see a massive shake-up. In the first of Post's six-part profile of all the major parties Stephanie Denton talks to MP Mark Hoban, shadow minister for the…
Rims “dismayed” at contingent commissions decision
The Risk and Management Society has expressed its dismay at the New York Insurance Department and Attorney General’s decision to allow brokers Aon, Willis and Marsh to accept contingent commissions.
Short-sighted insurers are blasted after ELIB greenlight
The Trades Union Congress has backed proposals to establish an Employers' Liability Insurance Bureau, claiming it will stop companies "weaselling" out of employee responsibility.
MoJ draft rules agreed
The Ministry of Justice road traffic accident personal injury draft rules have been agreed and signed off by the rules committee.
FSCS predicts increase in PPI compensation claims
The Financial Services Compensation Scheme has forecasted an increase in payment protection insurance compensation claims for the rest of the financial year and into 2010/11 - which could increase the levies on insurance firms.
TUC supports EL database proposals
The Trades Union Congress has welcomed the government moves to open a consultation on the setting up of an employers’ liability insurance bureau.
Claims Club: ABI surge event plans prioritised for 2010
Hypothesis testing is the best way to devise a collaborative industry surge plan, following events such as widespread flooding, insisted Tim Humphreys, policy adviser for risk management and emergency preparedness at the Association of British Insurers.
Legal firm welcomes "overdue" ELIB plan
Ian McFall, head of asbestos policy at Thompsons Solicitors, said: "We have said for many years that what is good enough for road traffic accident victims is good enough for the workers."
Apil “delighted” with ELIB proposals
The Association of Personal Injury Lawyers has backed government proposals to establish an Employers’ Liability Insurance Bureau as a fund of last resort.
ABI voices fears over ELIB proposal
Nick Starling claims it is right that today's law-abiding employers should have to pay for their potentially uninsured competitors.
Government backs EL database
The government has proposed setting up an employers' liability tracing office to help people claim compensation who have serious industrial diseases and who cannot trace their employers' insurance records.
Employers' Liability Bureau Bill debate adjourned
A second reading of private members bill to establish an Employers Liability Bureau has been adjourned until later this month.
Plaques bill has second reading
Labour MP Andrew Dismore has described his private members bill - Damages (Asbestos-Related Conditions)(No.2) Bill - which aims to overturn the House of Lords ruling that pleural plaques are not compensatable, as “modest”.
Warning over scrapping retirement age
The Forum of Private Business has warned that government proposals to scrap the default retirement age threaten the future of SMEs across the UK and could lead to a raft of "painful and costly" legal disputes.
Industry welcomes exception in Equality Bill
The insurance industry has welcomed a decision to allow insurers to continue using age as a risk factor in setting premiums.
Hoban pledges 'dedicated' resource for insurance
The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.
SFO to take no action against Madoff UK arm
The Serious Fraud Office has completed its investigation into Madoff Securities International, the UK arm of Bernard Madoff's investment scheme, and has found insufficient evidence to take action against the firm.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Biba responds to new government signposting proposals
The British Insurance Brokers’ Association has welcomed the new policy statement from the Government’s equality office.
Financial Services Authority issues Walker Review consultation paper
The FSA has issued a consultation paper on effective governance standards within firms which aims to implement a number of recommendations in the Walker Review.
Biba meets with Conservative candidates to raise influence
The British Insurance Brokers' Association's senior management team was due to meet four prospective Conservative parliamentary candidates this week.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.