Covid-19: FCA urges insurers to meet claims
The Financial Conduct Authority has urged insurers to pay out for business interruption claims arising from Covid-19 when they are able to do so
Browsing: Regulation
Davies Group promotes Keoghs partner to chief risk officer
Keoghs partner and head of risk and compliance James Heath will become chief risk officer of Davies Group on 1 June
CII backs FCA guidance for senior managers
The FCA has clarified how managers working within financial services should identify who is able to work from home during the coronavirus pandemic, with the CII welcoming the regulator’s intervention
Whiplash portal delay less of a surprise than ADR decision
A delay to the introduction of the whiplash portal was inevitable. But dropping alternative dispute resolution from the new system was not
General election: More questions than answers for insurance claims
Qamar Anwar of First4Lawyers considers what last week’s general election result might mean for the insurance claims landscape
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
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