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FCA wants deal on business insurance claims by Wednesday
29 Sep 2020

FCA wants deal on business insurance claims by Wednesday

(Sharecast News) - The Financial Conduct Authority said it had filed an appeal in a test case on business interruption claims related to the Covid-19 ...

UK watchdog sets Wednesday deadline for agreement on business insurance claims
29 Sep 2020

UK watchdog sets Wednesday deadline for agreement on business insurance claims

LONDON, Sept 29 (Reuters) - Britain's Financial Conduct Authority said on Tuesday it has filed an appeal in a test case as a precaution against insu...

UPDATE 1-Lloyd's of London CEO expects appeal over UK business insurance judgment
24 Sep 2020

UPDATE 1-Lloyd's of London CEO expects appeal over UK business insurance judgment

(Adds background, Hiscox Action Group)By Carolyn CohnLONDON, Sept 24 (Reuters) - Lloyd's of London Chief Executive John Neal said on Thursday he expe...

Lloyd's of London CEO expects UK business insurance judgment to be appealed
24 Sep 2020

Lloyd's of London CEO expects UK business insurance judgment to be appealed

LONDON, Sept 24 (Reuters) - Lloyd's of London Chief Executive John Neal said on Thursday he expected a British test case about business interruption...

Bank of England warns over insurance "gap" hampering recovery
22 Sep 2020

Bank of England warns over insurance "gap" hampering recovery

LONDON, Sept 22 (Reuters) - There is a risk that disputes over claims linked to the coronavirus pandemic will lead to parts of the UK economy becomi...

UPDATE 4-UK insurers under fire as watchdog proposes 'radical' ban on loyalty penalties
22 Sep 2020

UPDATE 4-UK insurers under fire as watchdog proposes 'radical' ban on loyalty penalties

* Proposals would save 3.7 bln stg over 10 years -FCA* Insurers already working to tackle problem -trade body* FCA, insurers weigh any appeal to busin...

UPDATE 3-UK insurers under fire as watchdog proposes "radical" ban on loyalty penalties
22 Sep 2020

UPDATE 3-UK insurers under fire as watchdog proposes "radical" ban on loyalty penalties

* Proposals would save 3.7 bln stg over 10 years -FCA* Insurers already working to tackle issue -trade body* FCA, insurers still deciding on business ...

UPDATE 2-UK insurers under more fire as watchdog proposes ban on "loyalty penalties"
22 Sep 2020

UPDATE 2-UK insurers under more fire as watchdog proposes ban on "loyalty penalties"

(Adds Citizens Advice, background, shares)By Huw Jones and Carolyn CohnLONDON, Sept 22 (Reuters) - Britain's Financial Conduct Authority said on Tues...