Regulation
Rolling out the red tape
Sarbanes-Oxley
Imagine buys Danish Re
The Imagine Group has announced that its subsidiary Imagine Insurance Company has completed the acqu...
Time to grasp the nettle
An open and frank discussion of reinsurance-brokerage practice has so far been lacking and is long overdue
Insurance CEOs to take oath on reinsurance contracts
Acting superintendent of insurance Howard Mills has announced that the New York State Insurance Department will require insurers’ chief executives to swear under oath that: “all reinsurance contracts they enter into contain documentation as to the…
Mondial sets out FSA training plan
Mondial UK, the motor assistance and travel insurance provider, has renewed its contract with traini...
FSA tipped for an ATE crackdown
The days of claims management companies selling after-the-event insurance could be numbered, it emer...
Lloyd's Market Association applauds agreement
The Lloyd's Market Association has applauded last week's agreement with the European Commission over...
Ecclesiastical hails restructure
Ecclesiastical Insurance announced a 61% improvement in its 2004 technical account balance to £35.9m...
Corporate bill does little to change accountability
The government's planned publication of a watered-down Draft Corporate Manslaughter Bill should be m...
FSA faces six-month deadline for shake-up
The Financial Services Authority will be given only six months to bring about a "lighter touch" to r...
Folgate and Towergate merger delayed
The merger of intermediaries Folgate and Towergate has been postponed due to legal delays. The acqu...
Training - From the bottom up
Broking
FSA needs to get into the "real world"
There has been a lot of coverage recently accusing the Financial Services Authority of letting peopl...
Hatton v Sutherland stress controls in doubt
Majrowski v Guys and St Thomas' NHS Trust (Court of Appeal - 16 March 2005)
Bill eases D&O concerns
Insurer concerns that they could be increasingly exposed to directors' and officers' liabilities wer...
Reform puts claims in the legal firing line
Policyholders could be allowed to sue insurers for handling claims poorly, if proposals to reform in...
FSA rejects external ombudsman appeals procedure
The Financial Services Authority and the Financial Ombudsman Service have rejected the idea of an external appeals procedure. The announcement was made with the published updated procedures for handling complaints to the ombudsman service today.
Tucker made CEO as Prudential axe falls on Bloomer
Prudential has replaced chief executive Jonathan Bloomer, appointing HBOS finance chief Mark Tucker in his place.
Plexus Law wins Crawford subsidence contract
Crawford & Company UK has selected Plexus Law to provide specialist subsidence recovery services in a two year sole supply contract.