Archive

Texas sues Allstate for unlawful data collection

Insurers alleged to have collected and sold data on 45m people in US

FSA warns Japan's insurers to uphold governance amid global expansion

Internal audit and governance must be enhanced as operations expand, watchdog says

Japan insurer motor fraud investigations now stretch back nine years

Policyholders still trust insurers despite widespread claims fraud

Consumer Duty has become a burden for insurers... but in a good way

The Consumer Duty rules have reshaped the UK's conduct regulation by demanding insurers place customers' needs first. While still seen as a burden, it has been is welcomed as a step towards better outcomes for all. Joshua Geer reports

EU consumers need easy access to investment and protection

Giancarlo Bosser urges European lawmakers involved in the Retail Investment Strategy to develop a more consumer-centric approach to the process of buying insurance-based products

Australian actuary suggests tying executive bonuses to acting 'fairly' for customers

Country's insurers have faced barrages of criticism from stakeholders recently

HCF Life's contract T&Cs criticised in Federal Court decision

FCA non-financial misconduct survey makes "uncomfortable reading" for London market

Non-financial misconduct has risen sharply in the last three years, according to FCA data

UK regulator launches probe into home and motor insurance premium financing

Annual interest charges can be up to 30%, says Financial Conduct Authority

Eiopa finalises methodology on value-for-money benchmarks

Aim is to help supervisors identify risk, rather than generate an opinion on value