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Regulation or restriction?

David Fanning tracks the progress of commercial brokers in the run-up to the introduction of FSA industry controls in 2005

Commercial insurance brokers have adopted a positive attitude towards the arrival of Financial Services Authority control of the insurance industry in January 2005. The regulatory requriements are

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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