Legal

Does Renters Insurance Cover Water Damage?

Water damage can happen in minutes. A burst pipe, leaking appliance, or sprinkler malfunction can soak your belongings and leave your apartment uninhabitable. Renters insurance often covers sudden, accidental water damage, but it does not […]

Global insurance trends

AXA and WTW Take Action on Climate Risk

The latest from AXA and Willis Towers Watson; In response to the growing threats that hurricanes pose to coral reefs in the Colombian Archipelago of San Andrés, Providencia and Santa Catalina, a coalition of partners […]

Insurance Regulation

Motor Claims Handling Needs Improvement, Says FCA

The latest thinking from the FCA could pave the way for stricter regulation on claims; timescales, percentages of estimated values and credit hire costs. Here’s the word; The Financial Conduct Authority (FCA) has recently revealed […]

News

FCA Levies Hefty Fine Against Woodford Investment Management

The Financial Conduct Authority (FCA) has decided to fine both Neil Woodford and Woodford Investment Management (WIM) for failures in their management of the Woodford Equity Income Fund (WEIF). There is a personal fine of […]

News

Crackdown on Ghost Broking Leads to Arrests

The latest pro-active enforcement from the City of London Police; The City of London Police’s Insurance Fraud Enforcement Department (IFED) has led a nationwide period of action targeting illegal insurance brokers, known as ‘ghost brokers’, […]

Legal

Charges Filed Against Five In California, on Alleged Insurance Fraud

The latest action by the California Dept of Insurance; The California Department of Insurance announced recently that five individuals, including former insurance agents, have been charged in a large-scale insurance fraud scheme involving misrepresented life […]

Insurance Regulation

FCA Takes Action Against Mako LLP

The latest from the FCA for you; The Financial Conduct Authority (FCA) has fined Mako Financial Markets Partnership LLP (Mako) £1,662,700 for failing to ensure it had effective systems and controls to guard against financial […]