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Insured losses from late-May US storms $850m - ISO

(BestWire) — Insured losses are expected to reach $850m from late-May storms that hit seven Midwest states, according to the Insurance Services Office.

ISO's Property Claims Services estimated 10,000 claims have been filed in Iowa alone, where a tornado did significant damage to the city of Parkersburg. The twister was rated EF5, the highest mark on

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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