Insurance Regulation

FCA Takes Action on Crypto Fraud

The latest update from the FCA; Victims of a £1.5m crypto investment fraud will recover lost funds after the Financial Conduct Authority obtained confiscation orders against Raymondip Bedi and Patrick Mavanga.  At a hearing at […]

Legal

Contractor Companies Fined Over £1m After Fatal Incident on Site

The latest case report from the HSE; Two companies and a self-employed contracts manager have been sentenced after a worker was crushed to death when an unsupported trench collapsed at a site in Surrey. Gheorghita […]

Global insurance trends

California Dept of Insurance Takes Legal Action Against State Farm

IE comment; There are serious accusations in the press release below from California Dept of Insurance. Issues may well be settled by lengthy court action, and things could go either way. The bigger downside for […]

News

Finfluencers Fined For Foreign Exchange Scheme

Seven social media influencers, including ex-TOWIE and Love Island stars, have been sentenced at Southwark Crown Court for their role in the promotion of an unauthorised foreign exchange trading scheme.  Here’s the word from the […]

Legal

Contractor Jailed After Workplace Death

The latest report from the HSE. When will we see public sector officials and politicians jailed over Grenfell, Smart motorway deaths, prison suicides and many other cases where negligence is proven, but two-tier sentencing guidelines […]

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 […]

Legal

Comment & Analysis on HMRC and Prudential VAT Case

James Davies, VAT director at MHA, an accounting and advisory firm, offers these comments on the case of Prudential vs HMRC: The Supreme Court has issued its decision in the case of Prudential Assurance Company […]