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Time to be afraid?

With the publication of Lord Turner's report, the future of regulation is under close scrutiny. David Ragan reports on the implications for the insurance industry

We are all aware of the scale of the financial crisis; the ramifications are being felt far and wide. And with the publication of Lord Turner's report, the future of regulation is under the microscope

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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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