This update from the FCA on motor finance deals is of interest to insurers, since it shows that offers perceived as being perfectly fair at one time, become grounds for consumer complaints in the future. […]
The UK government has recently announced that three high street lenders, Virgin Money, TSB and Skipton Building Society, have joined the commitment to offer mortgages on properties affected by building safety issues. The move was […]
Being in a car accident and sustaining any type of injury can be an overwhelming and frightening experience. However, when the injury is major and it is associated with a wide variety of medical problems, […]
Update from the FCA after complaints that Direct Line are overcharging on renewals. Most mainstream media is reporting that some £30m has been set aside by Direct Line to pay compensation to policyholders on Home […]
Pie Insurance (“Pie”), a provider of workers’ compensation insurance to small businesses, has announced it appointed four industry experts to its leadership team. Carla Woodard was promoted to vice president of claims, Jaime Gilliam-Swartz was […]
The latest astonishing case of profitable insurance fraud from California. Yep, no jail time. Here’s the word; Wesley Owens, 54, of Atlanta, Georgia, and Beau Wilson, 38, also of Atlanta, pleaded no contest to multiple […]
The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined […]
The FCA has published final rules for a redress scheme for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out. The FCA expects that over 1000 consumers will […]
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