FCA Archives - Carrier Management

UK Insurers Hit With Final Warning Over Car, Home Policies

Insurers in Britain that are not ready to implement tougher 'value for money' rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday. The FCA ...

Repair Your Damaged Reputations, AM Best Tells UK Insurers

While most of the COVID-related problems that plagued U.K. commercial property insurers will abate after the March anniversary of lockdowns, battles with reinsurers and damaged reputations are ...

UK Supreme Court Appeal Over COVID-19 Case Now Likely

Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing hopes that a ...

UK Regulator Makes Wednesday Deadline for Business Insurance Claims Agreement

Britain's financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against insurers, but was seeking an agreement by Wednesday to avoid the ...

UK’s New Regulators Take Over; FCA Now Responsible For Insurance Sector

In a move that is certainly not an April Fool's Day joke, the Financial Services Authority (FSA), which has been responsible for regulating the UK's financial services industry since 1997, including ...