Regulation
CNA adds two to London team
CNA announced that John Taylor has joined the London team as UK/Ireland commercial manager - Financial Lines.
FSA launches web pages tailored for motor traders
The Financial Services Authority (FSA) has launched web pages to help motor traders understand and comply with its rules. The pages bring together all the relevant parts of the FSA website and are available on the small firms section of the FSA website:
CII snubbed in listing block
The Chartered Insurance Institute has insisted that it has no plans to move from its landmark City o...
Appointment at British Exporters Association
Susan Ross, a client service director of Aon Trade Credit, has been appointed deputy chairman of the...
Appointment at Heritage Underwriting
Heritage Underwriting has recruited James Sardeson as underwriting director. Mr Sardeson will join t...
Oil giants continue to spurn insurance firms
Oil companies are set to further shun the commercial insurance market in favour of self-insurance, d...
Aon promotes ELD
Aon has urged companies to join the Department for Environment, Food & Rural Affairs consultation on...
Ace increases Brandywine loss reserves
Insurer Ace has had to increase its gross loss reserves by approximately $200m (£101.93m) for its Br...
Pharmacist culpable for prescription
Horton v Evans and Lloyds Pharmacy (Queen's Bench Division - 10 November 2006)
Appointment at Barlow Lyde and Gilbert
Barlow Lyde and Gilbert has made Jon Yorke a partner. Formerly at Richards Butler, Mr Yorke has acte...
2007: the year of the...
As 2006 ends, two more insurers have become fully paid up members of the broker owners' club, with G...
In the mix
News Analysis: Law Commission Paper
Home shopping firm fined £270 000 for TPF breach
The Financial Services Authority has today fined Redcats (Brands) Limited £270,000 for failing to treat its customers fairly when selling payment protection insurance in connection with home shopping products. The regulator found that Redcats did not…
FSA censures vehicle financier over PPI failures
The Financial Services Authority has imposed a public censure on Eastern Western Motor Group Limited for failures relating to its sale of payment protection insurance in connection with vehicle finance agreements.
FSA issues Dear CEO letter on contract certainty
The Financial Services Authority (FSA) has issued a Dear CEO letter setting out its view of the progress made by the general insurance industry towards finding a solution to the issue of contract certainty.
FSA publishes its regulation Simplification Plan
The Financial Services Authority (FSA) has published its Simplification Plan that outlines how it has improved – and how it will continue to improve – the regulation of the financial services industry.
Windsor MBO delayed until New Year
Lloyd's broker Windsor has said its potential takeover by management will be concluded either way by the end of January.
Bermuda hikes registration fees 260% to pay for new BMA staff
The Bermuda Government has passed a bill increasing Bermuda Monetary Authority fees for banks, trusts and insurers to help fund 30 new globe-trotting regulators.
CII to have new look in 2007
Proposals to make the Chartered Insurance Institute more transparent, representative and inclusive h...
Pick of the Week
Anthony Gould, editor in chief, Post, runs through this week’s major news including a major new arson...
Insurer disappointed with drug trial inquiry
Chubb insurance has reacted with disappointment to the recommendations of a high-profile investigati...
IUA welcomes US reform
Efforts to reform US collateral rules have been welcomed by the International Underwriting Associati...
Experts hail government taxation decision
Experts have hailed the government's decision to abolish discounting provisions on general insurers'...
Report finds issue with VAT regime
A new report by the European Commission has concluded that the current VAT regime has a negative imp...