IFED cautions several insurance fraudsters
Several fraudsters have been targeted by the City of London Police’s IFED over the summer for making fraudulent claims on their car insurance
Browsing: Regulation
ACSO lands six new members and aims for 50
The Association of Consumer Support Organisations (ACSO) has expanded its membership with the addition of several new members
CMCs must raise advertising standards, warns FCA
Claims management companies (CMCs) must raise the standard of their advertising, the Financial Conduct Authority (FCA) has warned
Former AIG claims handler jailed for fraud
James Beaver was sentenced to two years in prison for the fraud he carried out while working as a claims handler at AIG and following his dismissal
FCA accuses general insurers of continuing to fail customers
A series of investigations into general insurance, particularly the distribution chain and delegated authority arrangements, has resulted in a new report from the FCA that accuses insures of failing to improve manufacturing, sales and distribution approaches
NHS Resolution data dive and mediation dominate discussion at Clinical Negligence Debate
NHS Resolution will continue to collect data and amass a level of granularity that will allow it to carry out a ‘deep dive’ of the information and discover the main causes of claims, attendees heard at the Clinical Negligence Debate
First4Lawyers: FCA oversight bodes well for CMCs of all sizes
Qamar Anwar of First4Lawyers looks ahead to the FCA taking over the regulation of CMCs
Civil Liability Bill passes into law
The Civil Liability Bill has finally been signed into law. The whiplash reform legislation received royal assent today, following the completion of its journey through Parliament in November
FCA issues new rules for CMCs ahead of regulation next year
The Financial Conduct Authority (FCA) has published a new set of rules and fees that will apply to all claims management companies (CMCs) when it takes over their regulation in April 2019
MoJ launches discount rate consultation
The Ministry of Justice is seeking evidence and opinions on how the personal injury discount rate should be set following passage of the Civil Liability Bill into law