Regulation

Fraudulent insurance claims should allow the immediate cancellation of a policy, according to industrywide representations.

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At a joint event with REFORM think tank, Cicero Consulting, director and chief corporate counsel Iain Anderson, has called for the oversight role of HM Treasury to be enhanced in the new UK regulatory framework.

Law Commission proposals to hold insurers liable for damages after delays or refusing to pay a valid claim have been welcomed.

The British Insurance Brokers' Association (BIBA) has produced legal guidance to help brokers manage potential risks surrounding the use of social media.

The proposed increased Financial Ombudsman Service (FOS) award limit is ‘not keeping pace'with today's costs, according to the (FOS).

Half of private medical and dental insurance complaints received by the Financial Ombudsman Service (FOS) have been upheld in the first quarter of the year.

The FSA has outlined its timetable and intentions for dealing with the splitting of its responsibilities amongst several regulators.

The IFS School of finance has warned the All Party Parliamentary group on Insurance and Financial Services of a proliferation of "pseudo-regulators".

The British Insurance Brokers Association (BIBA) addresses the significant increases in the Financial Services Compensation Scheme (FSCS) levy.