Politics
Margaret Cole set to oversee top regulatory conduct role
Margaret Cole, currently the director of enforcement at the Financial Services Authority, is set to temporarily become head of the Financial Conduct Authority – one of two new regulatory bodies to be formed in April.
SME businesses to access short term government credit insurance
An increasing number of SME businesses are now eligible to apply for short term credit insurance from ECGD, the UK export credit agency.
FSA funding requirement rises 10% for 2011/12
The Financial Services Authority has set out its business plan detailing its priorities for 2011/12, which reveal a 10.1% increase in funding from £454.7m to £500.5m.
Ecclesiastical hails “victory for common sense” after court win
Ecclesiastical has won a legal case against a charity dog walker injured while working for an animal care charity.
Government accused of undermining workplace health & safety
The union Unite has accused the government of compromising health and safety at work under the guise of “cutting bureaucracy”.
Forum of Private Business calls for end to Channel Islands tax "loophole"
The Forum of Private Business has called on the government to end the favourable tax regime of the Channel Islands.
LMA calls for removal of referral fees
The Transport Select Committee has missed an opportunity to call for a ban on referral fees for motor claims, according to the Lloyd's Market Association.
Career development & CSR: ask the expert
I've heard that, later on this year, a new employment law will be passed, resulting in temporary workers having the same benefits and rights as permanent workers. Is this true?
Strategic Technology Forum: clarity needed on internet data collection legislation
More clarity on forthcoming European legislation surrounding internet data collection is essential, if insurers are to implement it properly. This was the view shared by consulting firm Promontory Financial Group with Post's Strategic Technology Forum…
Select committee under fire over referral disclosure plans
Motor insurers have hit back at government proposals forcing the industry to disclose details of their referral fee arrangements.
Lord Myners raises gender question
The European Court of Justice ruling on gender has again been raised in Parliament.
HSE cuts could trigger premium rise
CBG Group has warned that insurance premiums could reach a 10-year high in reaction to the Health and Safety Executive’s plans to cut unannounced workplace inspections.
Apil calls on insurers to take action on fraud
The Association of Personal Injury Lawyers has urged the insurance industry to drive forward the recommendations outlined in the Transport Select Committee report.
Charity backs transport committee recommendations
Brake has backed the Transport Select Committee recommendations to introduce a more rigorous test for young drivers.
Allianz “dismayed” at transport committee Jackson snub
Allianz Insurance has criticised the Transport Select Committee Report for not calling for a full implementation of Lord Justice Jackson’s review of civil litigation costs.
Biba welcomes motor cost report
The British Insurance Brokers’ Association (Biba) has welcomed the Transport Select Committee’s report into the cost of motor insurance.
Towers Watson criticises motor insurance report
Towers Watson has criticised the House of Commons’ transport select committee report into the cost of motor insurance for falling short of endorsing the recommendations in Lord Justice Jackson’s review of civil litigation costs.
MIB to launch CIE TV campaign
The Motor Insurers’ Bureau is set to launch a television campaign “in the coming months” to raise awareness of the new Continuous Insurance Enforcement scheme.
Committee calls for PI action
The House of Commons cross party transport committee has called on the insurance industry to take action against the rise in personal injury claims.
Dedicated insurance police force mooted
The Association of British Insurers general insurance council will debate the setting up of a dedicated police unit aimed at tackling insurance fraud at its next meeting on Thursday 17 March, Post has learnt.
ABI: transport committee motor insurance report is a "missed opportunity"
The Association of British Insurers has accused the transport select committee of "choosing to ignore” vital evidence provided by the insurance industry into the cost of motor premiums.
PPI bill set to become “colossal”
Jonathan Evans, chair of the All Party Parliamentary Group on Insurance Financial Services, has warned that the final figure for payment protection insurance mis-selling compensation could end up as high as £4bn.
Disease claims - mesothelioma: minimising costs while maximising speed
Mesothelioma claims are not set to peak until at least 2015. David Wynn details what insurers should be doing now to minimise their cost burden, while maximising speed of settlement.
Climate change - domestic renewable energy: the risks and opportunities
With electrical and roofing contractors now moving into eco-friendly home energy installation, Richard Forrest-Smith explains the risks, regulation and exciting insurance opportunities this presents.