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Wet, wet, wet to the tune of 500m.

The insurance industry got no Easter break as claims teams swung into action to deal with a deluge o...

The insurance industry got no Easter break as claims teams swung into
action to deal with a deluge of queries following the most severe floods
to hit Britain for over 150 years.


Worst hit were towns

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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