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FOS introduced increased fees for mis-selling insurance
UK banks and insurers are mis-selling payment protection insurance (PPI) resulting in millions of dollars used to compensate victims – but it's about to...
Car crimes down but Brits still worried
Britons are more worried than ever about their cars being broken into or stolen despite a fall in car crime over the past decade,...
Insurers using ‘opt out’ loopholes in policies
More and more travel insurers are opting out of covering clients when a medical condition arises after purchasing the policy.
Customers who take out a...
Legislation : excessive card surcharges aimed by government
The Government is announcing that it will take action to tackle excessive card surcharges that are opaque, misleading and prevent consumers getting a good...
Insurers may face damages for slow claims payments
A proposal has been made for a law to require insurers to pay legitimate claims promptly or face damages. Under the proposed law, insurers...
Insurers turn to onboard technology to avoid gender ban losses
Insurers trying to avoid next years ban on charging male drivers more than women are looking to technology which allows them to base their...
Gender specific companies will see fewer changes with new law
Insurance companies with a higher ratio of women than men will have the smallest price change when European Court of Justice equality laws are...
London MEP latest to oppose EU gender equality law
Marina Yannakoudakis, a conservative Member of the European Parliament, has opposed the European Court of Justice (ECJ) decision to make it illegal to use...
ARC Legal : government should rethink employment tribunal fees
The government’s plan to introduce employment tribunal fees reveals a lack of consultation on access to justice.
Proposals announced by the Ministry of Justice (MoJ)...
FSA : American insurer in UK cops over 5m in fines
An American insurer operating in the UK has been fined more than GBP5 million by the FSA and Ireland's Central Bank.
The Combined Insurance Company...
Axa : One in ten have considered fraud
One in ten people in the UK say they have considered defrauding their insurer to ease the financial pressure of Christmas, a study from...
ABI : “focused approach” the best method for transparency
The Association of British Insurers (ABI) has questioned whether publishing all findings from the Financial Ombudsman Services' (FOS) is the best way to achieve...
Husband of dead woman will recieve life insurance if found innocent
The husband of a woman found dead in a lake in France will profit from her life insurance if found innocent, a French court...
UK man given gaol time for attempted insurance fraud
A man has been convicted of insurance fraud and given a prison sentence today, after exaggerating his injuries and attempting to claim millions of...
LMA : urges OFT to press for reform to reduce motor insurance costs
Before The Office of Fair Trading (OFT) presents its findings on the increase in private motor insurance premiums this December, David Powell, Underwriting Manager...
Auto enrolment : SMEs get new deadline, May 2015
The UK government has confirmed the starting date of the new automatic enrolment scheme in 2012. Yet for SMEs, because of the economic situation...
ARAG : response to High Court ruling on insurers’ use of non-panel solicitors
Following the High Court’s Judgment in the case of Brown-Quinn & Webster Dixon -v- Equity Syndicate Management last week, ARAG Legal Services has issued...
Plexus Law : Public Order seminar to be held in Manchester
Plexus Law, part of the Parabis Group, will hold a seminar in Manchester on 2 December 2011. The main focus of this debate is...
MIB : supports Met in major crackdown
After a major operation in London last week targeting uninsured drivers, the MIB has taken the highest number of calls to their dedicated police...
London : FSA and SEC roundtable discussion on market structures
FSA managing director Martin Wheatley and US Securities and Exchange Commission (SEC) chairman Mary L Schapiro have jointly held a roundtable discussion in London...
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