News
Health insurance uptake remains steady, says ABI
Modest growth in corporate subscriptions meant that total numbers of health insurance policies in 2003 held firm, according to figures released today by the Association of British Insurers.
Carole Nash appoints CCL for support contract
Carole Nash Insurance Consultants has appointed the CCL Group to support customers when demand is high for the hire motorcycles or cars following an accident.
PCI looks at Sarbanes-Oxley effects
The Property Casualty Insurers Association of America (PCI) has conducted a mini-seminar on the impact of the Sarbanes-Oxley Act of 2002 for its member companies.
Cox sets out to save £40m with major outsourcing deal
Cox today announced that it had entered into a ten year outsourcing agreement with CGI.
Insurers flouting code over notice of renewals says FSB
Insurers are failing small businesses over time given to renew their employers’ liability cover, despite industry guidelines according to the Federation of Small Businesses.
Howden launches new division to shake up the medical malpractice market
Lloyd's broker, Howden UK, has announced the creation of a wholesale medical professional indemnity division, which it said, will inject fresh capacity and choice into the medical malpractice market for brokers.
FSA to consult on co-mingling of client money
Sarah Wilson, director high street firms division, Financial Services Authority today confirmed that it is set to consult on the issue of co-mingling of cient and insurer money as exclusively revealed by PM last month (PM, 15 April, p1).
Court of Appeal upholds limited recovery of premiums in TAG Test Cases
Insurers welcomed today’s forceful judgment from the Court of Appeal, which limits the recovery of premiums and other fees charged by The Accident Group and its panel solicitors to claimants in thousands of injury claims.
RPC comments on new asbestos rules
Reynolds Porter Chamberlain (RPC) has urged the insurance industry to see the new asbestos regulations that come in to force on May 21 as an opportunity for business growth, rather than as a potential problem.
FSA raps Universal over Direct Line disclosure
The Financial Services Authority has fined Universal Salvage £90 000 for breaching the Listing Rules and failing to disclose the loss of its Direct Line contract on the day it received the notice of the termnination of the deal. At the time of the loss…
Appointment at The Jelf Group
Sam Ward has joined The Jelf Group as commercial account handler to its Wessex office. Ms Ward was f...
Penny Black's insurance week
Penny was delighted to be a guest at the high-powered ABI chairman's dinner this week - the guest li...
Broker M&A activity will not reach predicted levels
A year after declaring the UK broker market would have lost 1000 firms ahead of the Financial Servic...
ABI: lack of cross-border business will continue
The Association of British Insurers has said it expects the lack of cross-border business to continu...
Call for new crime of insurance fraud
Insurers have welcomed the government's proposals to reform the law on fraud, but have warned there ...
FSA is braced for '2005' legal battle
The Financial Services Authority has received fierce criticism after it said it was bracing itself f...
Incoming president warns lawyers
Incoming president of the Association of Personal Injury Lawyers, Colin Ettinger, is due to warn law...
Appointment at Ace
Damian Cannings has joined Ace European Group as commercial underwriting manager. He previously work...
Hercules consolidates four
Hercules Property Services has insisted the consolidation of four of its broker subsidiaries into tw...
IOC in WTC insurance warning
The International Olympic Committee has come under fire from the insurance industry for not finalisi...
David Russell joinsLloyd's as head of compliance
David Russell has joined Lloyd's as head of compliance. Mr Russell will be responsible for the corpo...
Appointment at Gaston Whybrew
Insurance law firm Gaston Whybrew has made professional indemnity/liability specialist Tim Francis p...
Wesleyan Assurance Society reviews its product range
Mutual insurer the Wesleyan Assurance Society is reviewing its general insurance product range, with...
DWP sets summer deadline for rehabilitation framework
The Department for Work and Pensions this week vowed to have a framework for vocational rehabilitati...