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U.S. : GlaxoSmithKline fined $3 billion
GlaxoSmithKline was socked with $3 billion in fines by US authorities Monday over charges it marketed drugs for unauthorized uses, held back safety data,...
RBS respond to £2.2 million fine
The RBS has responded to the FSA's £2.17 million fine on two of it's subsidiaries, saying they acknowledged their failings and are “disappointed” that...
Direct Line and Churchill cop £2.17 in fines
Direct Line and Churchill Insurance, both subsidiaries of the Royal Bank of Scotland, have copped £2.17 million in fines from the FSA for altering...
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...
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...
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...
FSA fines £20k director of insurance broker AIF Limited
The Financial Services Authority (FSA) has fined Richard Holmes, a director of insurance broker AIF Limited, £20,020 for control failings in relation to an...
Yound drivers could get troubles using parents’insurance
Insurance advice from Top Gear presenters should not be taken seriously, a financial expert has warned.
In this week’s episode of the popular motoring TV...
Motorists speed could be penalised by insurers
Drivers with a speeding offence on their licence could be paying hundreds of pounds too much for their car insurance, according to online car...
