IPT: higher and higher

tax-burden

Wasn't expecting that... The lyrics from the Jamie Lawson song could apply to insurers, following the latest hike in insurance premium tax.

Certainly three rises in a row were not expected. The tax had already increased from 6% to 9.5% on 1 November 2015, and then from 9.5% to 10% on 1 October 2016. So the jump to 12%, as announced by

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Checking the price is right for insurance

Emma Ann Hughes examines how to prove the price is right of cover for different segments of consumers and observes it requires a whole lot more than just knowing the cost of delivering insurance products and services.

Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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