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FSA approval time hits record high

The Financial Services Authority's deeper scrutiny of new business plans means that start-ups face record waiting times for regulatory approval, according to City law firm Reynolds Porter Chamberlain.

Foil backs ABI's stance on 'illogical' damages rise

The Court of Appeal's decision to effectively bring forward a 10% rise in damages from April has been branded "illogical" by the Forum of Insurance Lawyers, echoing concerns already raised by the Association of British Insurers.

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