Home and car insurance companies to be banned from hiking prices for loyal customers

Home and car owners are set to save hundreds of pounds on their insurance policies under proposals to ban companies from overcharging loyal...

Loyal insurance customers should not pay more, says FCA

About 10 million home and car insurance customers should save nearly £120 a year each after the UK financial regulator effectively banned the...

UK insurer Beazley doubles Covid-19 loss estimate

UK-based insurer Beazley has doubled its estimate of losses caused by the Covid-19 crisis, blaming an increase in claims on event cancellation cover....

UK insurers to be blocked from favouring new customers

UK regulators are to ban insurance companies from charging existing customers more than new ones for their motor and home cover. The Financial...

Outgoing FCA chief calls for highest post-Brexit regulatory standards

The outgoing head of the UK’s financial sector regulator has called for the maintenance of the “highest international standards” after the Brexit transition...

Lloyd’s of London: algorithm nation

Insurance market Lloyd’s of London, once a bastion of pinstripes, in-person trading and liquid lunches, is joining the digital natives. First there was the...

Life insurers could help solve America’s healthcare shortfall

The writer is a real estate professor at Columbia Business SchoolThe cost and fate of the US healthcare system is inextricably tied to...

Small businesses await coronavirus insurance appeal decision

Tens of thousands of British businesses are awaiting news from their insurers on how they will respond to a landmark legal ruling on...

Cost of insuring board directors from lawsuits doubles in Covid era

The cost of protecting directors and senior corporate officials from lawsuits more than doubled in the second quarter of this year, as Covid-19...

FCA proves it can be Fast, Competent and Adept in insurance test case

The High Court judgment on business interruption insurance handed down on Tuesday makes the Financial Conduct Authority look Fast, Competent and Adept. For...