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FSA recognises industry solution to contract certainty

The Financial Services Authority (FSA) has announced that the insurance industry has met the challenge laid down to achieve a solution to contract certainty in the UK.

The FSA's decision follows a meeting with insurance industry leaders in which the industry reported that 90% of contracts in the subscription market and 88% in the non-subscription market are now

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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