Global insurance trends

US Market: New Laws in California to Update FAIR Plan

 Some news from the USA for you; Insurance Commissioner Ricardo Lara and Assembly Insurance Committee Chair Lisa Calderon have announced new legislation to overhaul the FAIR Plan, strengthening claims handling, expanding coverage options, and improving […]

Insurance Regulation

FCA Seeks Views on Proposals To Roll Back Some Regs

The latest from the FCA as they plan to overhaul to existing insurance sector regulations; The UK’s world leading insurance market could benefit from simpler, more straightforward rules, under proposals published by the Financial Conduct […]

News

Jensten Strategy Update: More Acquisitions on The Horizon

Jensten demonstrates continued progress against its strategy with a substantial increase in funding dedicated to future growth. The successful securing of additional funding cements the firm’s commitment to advancing its growth plans throughout 2024 and […]

Insurance Regulation

FCA Top-Up Fees: There is a Way to Spread The Cost

The latest from Premium Credit who have a solution for insurance brands looking to spread those mandatory FCA fees. Why use valuable working capital to pay FCA Top Up fees upfront? An instalment financing option […]

News

Car Insurance: ABI Mulls Over Action Plan to Halt Premium Rises

The word from the ABI as they look to bring togther various stakeholders in the market, plus regulators and government agencies. Everyone knows the current situation, especially on certain EVs, plus younger drivers, cannot continue. […]

News

NHS Decline Prompts Brits to Consider Private Health Plans

The NHS has big problems in the UK and everyone knows it. Whether the local Trusts are managed by Scottish, Welsh or English governments, outcomes since Covid are generally poor; ambulance waiting times are up, […]

Global insurance trends

FM Global Financials: Strong Set & $800m Credit Distribution

Commercial property insurer FM Global has announced its largest ever membership credit of approximately US$800 million on the back of ‘outstanding’ financial results, as detailed in its 2022 Annual Report. “Through increased risk mitigation and fewer losses, we are creating […]