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European Parliament gives industry boost with discrimination directive

The European Parliament's report on the Equal Treatment Directive published yesterday has been described as "a major step" towards ensuring that UK insurers remain able to use age in assessing risk. The report sets out that the use of age and disability as a factor in assessing risk, based on actuarial and statistical data or medical knowledge, shall not be considered as discrimination

A spokesman for the Association of British Insurers said: "The ABI has been lobbying for this exemption, and we are pleased that the Parliament recognises that the use of age by insurers is fair and

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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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