Home Legal
Legal
Aviva York manager and police officer jailed for a £1.4 million fraud
The manager of Aviva York John Taylor, 35, and former police officer Stephen Spellacy, 36, were jailed at Leeds Crown Court for defrauding the...
Spain fines insurance groups over price fixing
Spain's competition regulator Thursday fined six insurance and reinsurance companies a record 120.7 million euros (179 million dollars) for alleged price-fixing in the construction...
Swinton responded to FSA’s announcement of a fine of £770,000 in relation to sales of low cost PPI policies
Swinton has responded to the Financial Services Authority’s announcement today of a fine of £770,000 in relation to sales of low cost Payment Protection...
Barclays set to learn payment protection insurance (PPI) decision
Barclays is due to find out if it has been successful in its bid to lift a future ban on the sale of controversial...
U.S Life insurer Coventry First to Pay $12 million in settling cuomo lawsuit
Privately held LLC will pay New York $10.6 million and give customers $1.4 million to settle a 2006 civil suit filed by the state's...
Six individuals arrested for alleged insurance fraud
Lancashire Detectives and Uniform Police executed dawn raids on a number of addresses in the Nelson area in Lancashire resulting in six arrests. Three...
BIBA supports plans to reduce uninsured driving
The British Insurance Brokers’ Association (BIBA) has welcomed today’s announcement from the Department for Transport on its plans to crack down on uninsured vehicles.
Commenting...
AIG agrees to settle disputes with Greenberg through arbitration
A judge on Monday dealt a setback to American International Group Inc. in its legal fight with former CEO Maurice "Hank" Greenberg, ruling that...
AIG wins dismissal of $1 billion workers comp lawsuit
American International Group Inc (AIG.N) won dismissal of a federal lawsuit accusing the troubled insurer of fraudulently shortchanging state workers' compensation pools out of...
AIG sued by policyholders over Madoff
AIG was sued on Wednesday by two California residents who said their homeowner insurance policies entitled them to coverage on losses from Bernard Madoff's...
Three men did the largest hacking with 130 million credit card details stolen
Three men were indicted on Monday for allegedly stealing more than 130 million credit and debit card numbers in what U.S. authorities said they...
BBC weatherman Des Coleman driving unisured
BBC weatherman Des Coleman walked out of a Nottingham courtroom in tears in the middle of his case for driving without insurance yesterday.
Coleman, who...
FSA has imposed a public censure on Cheshire Life & Pensions
The Financial Services Authority (FSA) has today imposed a public censure on a Derbyshire financial advice firm for failing to ensure its advice on...
HSBC firms fined over £3m for information security failings
The Financial Services Authority (FSA) has fined three HSBC firms over £3 million for not having adequate systems and controls in place to protect...
Chubb Group Insurance Companies exposed by $2bn on D&O
Chubb could be forced to pay out up to $2 billion on directors and officers (D&O) insurance policies due to a surge in litigation...
Coming soon…
This part is under construction and will be available soon.
Regards,
The News-insurances Team
Prev
