OFT continue to Investigate the Motor Insurance Industry

January 18, 2012

Last month the Office of Fair Trading (OFT) stated they were to investigate the cost of motor insurance in the UK. This followed concerns earlier in the year when the OFT first began looking at claims of corruption with the system of referral fees. The motor insurance industry has come under scrutiny for this possible [...]

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Report: Americans not getting healthier, swap smoking for obesity

January 7, 2012

Vermont is the nation’s healthiest state. But overall, America isn’t getting any healthier. Those are the conclusions of the United Health Foundation’s 2011 America’s Health Rankings. The annual rankings found modest improvements in smoking cessation, preventable hospitalizations and cardiovascular deaths. However, significant increases in the rates of obesity and diabetes wiped out such positive trends. [...]

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Advisers must prepare for protection “perfect storm”

January 2, 2012

Speaking at the Sesame Symposium in London, Aviva protection director Richard Verdin said the main protection drive would come after the end of the London Olympics, with insurers waiting as long as they could before increasing prices at the end of 2012. He said: “If advisers have customers thinking about protection and putting it off [...]

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Why Professional Indemnity Insurance is a must have for Consultants and Advisers

December 14, 2011

As redundancies increase and work becomes harder to come by many people will consider the option of starting their own business as a means of insuring their future is in their own hands. Recession has a habit of throwing up new genres in the service sector, encouraging budding entrepreneurs to gain the credentials required to [...]

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Ombudsman signals higher levies as PPI claims soar

November 22, 2011
Tags: Ppi, Ppi Claims

In its latest industry newsletter, chief executive Natalie Ceeney detailed how the organisation had seen the number of PPI complaints climb from less than 1,000 per week to over 3,000 in recent months. Describing the numbers as “pretty unsettling”, she explained how the issue had been raised in meetings with senior industry representatives ahead of [...]

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