Insurance Regulation

Thatcham Research Highlights The Problem of Selling `Autopilot’ Cars

Thatcham Research has highlighted the importance of accurately defining what self driving, or autonomous mode, actually means to real world car driving consumers. A court in Munich has ruled that Tesla has exaggerated promises about […]

News

FCA Updates Guidance on Car Finance Debts – No Repossessions Until November

The Financial Conduct Authority (FCA) has today confirmed the support that will be available for users of motor finance, buy-now pay-later, rent-to-own, pawnbroking and high-cost short-term credit products, who continue to face payment difficulties due […]

Insurance Regulation

FCA Update on Business Interruption Claims: Crucial Wording Identified

Here’s the latest statement from the FCA on the tricky issue of refused business interruption claims. As the Mishcon de Reya lawsuits rumble on, we bring the official FCA word – plus industry reaction as […]

Legal

Flaxmans Takes a Look at Insurance After Corona – Questions Over Trust?

Flaxmans in their latest Covid 19 Bulletin to the Broker Community examine why customer expectation ultimately determines the trust of the public in insurance and highlight why that fragile trust has been eroded yet again […]

Insurance Regulation

FCA Wants Definitive Judgement on Business Interruption Cover Issue

The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are facing uncertainty on their claims. The move comes after an […]

News

Volunteering For The NHS? You DON’T Have to Notify Your Car Insurer

NHS Volunteer Responders and others who are volunteering to help their communities during the coronavirus outbreak do not need to contact their insurer to update their documents or extend their cover, the ABI (Association of British Insurers) […]

Insurance Regulation

India: IRDAI Stands Firm on Corona Claims – Insurers MUST Pay Up

India’s insurers are braced to expect a raft of claims as Coronvirus sweeps across the country, and the regulator IRDAI insists that healthcare and hospital claims WILL be met for all COVID-19 sufferers. At present […]

Insurance Regulation

FCA Takes Action Against Rix Motor Company – Again

The Financial Conduct Authority (FCA) has banned a number of online adverts issued by Warrington based, Rix Motor Company Ltd (Rix). As more people choose to lease cars rather than buy them outright, the matter […]