Regulation

The Association of Medical Insurance Intermediaries (AMII) has applauded the latest Financial Ombudsman Service (FOS) complaints statistics as a success for the health insurance sector.

Only one complaint about the structure of private medical insurance (PMI) contracts has been forwarded to the FSA by the Office of Fair Trading (OFT), COVER has learned.

The Building Societies Association (BSA) believes regulatory intervention has provided a major barrier to insurance purchases and that the FSA's approach is "pretty flawed".

Any new legislation implementing private sector involvement in supporting the welfare state will not happen until a potential second term, according to the ABI.

Are we simply opposed to simple products? Nick Jones investigates the simplicity minefield.

The Financial Ombudsman Service (FOS) has hit out at the FSA for not intervening to tackle the Payment Protection Insurance (PPI) problem sooner and criticised the industry for being addicted to regular mis-selling scandals.

The British Insurance Brokers' Association (Biba) has presented a petition of nearly 7000 member signatures to Parliament demanding the acceleration of the review into the funding of the Financial Services Compensation Scheme (FSCS).

The British Insurance Brokers' Association (Biba) and the Institute of Insurance Brokers (IIB) have confirmed they are in formal merger discussions with an aim to complete them by the end of the year.

The British Bankers' Association (BBA) has drawn a line under its legal fight to avoid PPI mis-selling payouts.

The High Court today ruled banks must look again at hundreds of thousands of PPI cases, following an unsuccessful judicial review by the British Bankers Association (BBA) against the FSA.