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Regulation

Jones steps down from BDMA

The British Damage Management Association has announced that Gwyn Jones will be relinquishing his role as its operational development manager at the end of October 2004.

Lloyd's upgraded

Rating agency Fitch has today upgraded the Insurer Financial Strength rating of Lloyd's of London to 'A' from 'A-' (A minus). Following the upgrade the outlook is Stable.

IIB angered by FSA broker stance

Financial Services Authority chairman Callum McCarthy has refused to alter rules that expose general brokers to unlimited individual FSCS claims arising from insurance mediation activities, according to the Institute of Insurance Brokers.

Personal touch

Periodical payments could radically change the personal injury litigation sector. After the publication of the draft Civil Procedure Rules, Brendan Padfield assesses the likely implications

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