Politics
Government mulls mandatory registry for drone users
Drone owners could be forced to register their devices under consultation plans released by the government today.
Insurers face 'highly challenging period', says AM Best
The insurance industry is entering a highly challenging period in its history, according to new research from AM Best.
Shadow Justice Secretary urges whiplash reform deadline extension
Shadow Lord Chancellor Richard Burgon MP has written to Justice Secretary Elizabeth Truss MP urging her to extend the whiplash consultation deadline, Post can reveal.
IPT: higher and higher
Wasn't expecting that... The lyrics from the Jamie Lawson song could apply to insurers, following the latest hike in insurance premium tax.
ICO welcomes Post's #ColdCallCrackdown campaign
The Information Commissioner's Office has welcomed Post's #ColdCallCrackdown campaign, stating that with Post's help more action against nuisance calls will be taken.
Government unveils plans to tackle rise of cold calling
The government has unveiled plans to make it easier to tackle cold calling.
Government begins review on personal injury discount rate in light of legal action
The threat of legal action from personal injury lawyers has forced a review of the discount rate for personal injury claims by the Lord Chancellor.
Insurance sector 'speaking with one voice' on Brexit
The insurance industry is speaking “with one voice” on Brexit, according to trade bodies.
Treasury increasingly reliant on tax receipts from insurance firms
The UK’s financial services sector contributed £71.4bn in taxes in the year to March 2016 with banks and insurers being the biggest contributors.
Expertise from A-Z: 2016 Review: A year of change
A look at the tumultuous changes of 2016 – and a preview of what 2017 may have in store for the industry
Lloyd’s announces potential post-Brexit strategies
Lloyd's said setting up a single European Union subsidiary or a network of branches across several EU countries are two potential post-Brexit strategies if passporting rights cannot be maintained.
ICO fines broker for sending 136,000 unsolicited texts
The Information Commissioner's Office has fined a London-based broker £30,000 for sending thousands of unsolicited text messages.
Legal Update: Insurers need dedicated staff for cases involving 'litigants in person'
As the whiplash reforms the government is consulting on will increase the number of litigants in person, insurers need to arrange for dedicated staff to handle cases involving LIPs.
FCA publishes supervision plans for Insurance Linked Securities
The Financial Conduct Authority has outlined its proposed approach to the authorisation and supervision of Insurance Special Purpose Vehicles, which will facilitate Insurance Linked Securities business.
Hammond 'crazy' to not tackle personal injury cold calling, lawyers say
Personal injury lawyers said they are disappointed that Chancellor Philip Hammond has not outlined plans to tackle cold calling relating to personal injury.
Industry welcomes £23bn investment in innovation in Autumn Statement
Plans by the government to contribute £23bn toward tech innovation have been welcomed by insurtech firms.
London Market welcomes proposed ILS reform
The London Market has welcomed the publication by the government of draft regulations for Insurance-Linked Securities for consultation.
IPT set to rise in June, Chancellor confirms
Chancellor Philip Hammond confirmed the insurance premium tax will rise in June.
Brokers on government SME advisory panel
Insurance brokers have been given a seat on an advisory panel put together by The Cabinet Office under plans to boost government spending with SMEs.
Industry reacts to Autumn Statement
Live reactions from the industry
Insurers call for data standards on driverless cars
Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, the Association of British Insurers Annual Conference will hear today.
Government 'priority' to work with insurance industry to enhance economy
The government will continue to work alongside the insurance industry in order to prepare for market changes.
Whiplash proposals will 'take common law back to the dark ages', lawyers say
Personal injury lawyers have reacted negatively to the government's whiplash consultation, which launched today.
Insurers welcome government's whiplash consultation after MoJ u-turn
Insurers have welcomed the government’s whiplash reform consultation, which launched today after apparently being 'shelved' in October.