general insurance

GI Club

Numerous expressions of concern from members

Zurich has withdrawn its £5.6bn bid for rival firm RSA group after suffering losses in its general insurance business.

Here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

A generous insurance boss spent more than £500,000 throwing an office party for his staff - which even featured a concert by Olly Murs.

The Financial Conduct Authority (FCA) has fined insurance intermediary HomeServe Membership Limited (HML) £30.6m for breaching a series of principles including incentivising sales over quality .

The Financial Conduct Authority (FCA) has issued a final notice against an insurance intermediary and fined it almost £7.4m, after discovering that its sales scripts were flawed.

Legal & General Network (LGN) has confirmed plans to freeze its current charges for existing mortgage, protection and general insurance services until January 2014.

COMPLAINTS