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The end is nigh?

A recent court ruling throws fresh doubt on the use of solvent schemes of arrangement in the UK. Tim Goodger looks at the implications.

Lord Glennie's recent decision on The Scottish Lion Insurance Company's application for the court to sanction its solvent scheme of arrangement contains two key sentences. In handing down judgment on

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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.

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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