FCA Slams ‘Complex And Opaque’ Pricing

Christel Deskins

getty A biting report from the Financial Conduct Authority (FCA) says car and home insurance markets are not working well for consumers. The regulator is proposing ‘radical’ reforms designed to boost competition, deliver fair value and increase trust in the sector. If its proposals are accepted, customers will save an […]

FCA insurance test case appeal heads to Supreme Court

Christel Deskins

By Kirstin Ridley, Carolyn Cohn LONDON (Reuters) – A test case brought by Britain’s markets regulator against some of the world’s biggest insurers will jump straight to the Supreme Court after London’s High Court agreed to a fast-track appeal on Friday. FILE PHOTO: Police officers stand on duty outside the […]

FCA Takes Aim At Sales Tactics Of Insurance Brokers

Christel Deskins

Law360, London (September 4, 2020, 4:50 PM BST) — The City watchdog has taken aim at the “inappropriate sales tactics” employed by insurance brokers which make it more likely that consumers are sold unsuitable products. The Financial Conduct Authority has written to the chief executives of insurance brokers to warn […]