Insurance news

• L&G puts Hove staff on notice

  04-06-2015 17:56
  
  Francesca NymanPostonline Legal and General has put a number of staff at its Brighton and Hove office on notice of possible redundancy.
  
  Read more

• Moneysupermarket.com shares fall on possible Ofgem probe

  04-06-2015 17:28
  Energy regulator may launch inquiry into price comparison sites
  
  Read more

• L&G consults with Hove learning and development team over job cuts

  04-06-2015 16:17
  Job cuts are likely to affect less than 10 people
  
  Read more

• Caravanners - beware kamikaze pigeons

  04-06-2015 15:33
  Saga cites bizarre claims from caravan clients
  
  Read more

• Advertisement

• Europe: Breaking up is hard to do

  04-06-2015 14:48
  
  Veronica Cowan Postonline A British exit from the European Union could be voted on as early as 2016, to avoid a clash with the French presidential and the German federal elections.
  
  Read more

• Lloyds Banking Group to be hit with PPI fine in excess of £100m

  04-06-2015 14:34
  
  Callum BrodiePostonline Lloyds Banking Group is reportedly set to be slapped with a record fine of more than £100 by the Financial Conduct Authority for mishandling payment protection insurance complaints.
  
  Read more

• Millennials keen to trade blood and urine samples for premium discounts

  04-06-2015 13:54
  
  Francesca NymanPostonline Millennials in the UK are prepared to give up their own blood, urine, and personal data if it means lowering their insurance premiums, according to a survey conducted by generation researchers Decode.
  
  Read more

• Redundancy threat at L&G's Hove office

  04-06-2015 13:30
  
  Insurer confirms consultation process with learning and development team.
  
  Read more

• Advertisement

• Arc Legal supports FCA claims ratio re-evaluation

  04-06-2015 13:29
  
  Katie Marriner Postonline Legal expenses insurer Arc Legal Assistance has backed a move from the Financial Conduct Authority to consider alternative options to the requirement for insurers to publish claims ratio information for add-on products.
  
  Read more

• Lloyds to be fined £100m for mishandling PPI payouts

  04-06-2015 13:26
  
  Financial Conduct Authority will hand out record penalty as government prepares to offer private investors shares in the bailed-out bankLloyds Banking Group is braced for a record £100m fine for mishandling compensation payouts for missold payment protection insurance.The penalty comes as the government prepares to offer private investors shares in the bailed-out bank and after its boss António Horta-Osório received a £11.5m pay deal in 2014. Related: PPI compensation:
  
  Read more

• Lloyds Banking Group facing £100m fine for mishandling PPI payouts

  04-06-2015 13:26
  
  Financial Conduct Authority expected to hand out penalty over scandal as government prepares to offer private investors shares in the bailed-out bankLloyds Banking Group is facing a £100m fine for mishandling compensation payouts for mis-sold payment protection insurance, in a move that is likely to lead to a clamour for its top management team to have their bonuses withheld.The penalty, which could be announced as soon as Friday, comes as the government prepares to offer private investors
  
  Read more

• Staysure launches new travel comparison service

  04-06-2015 13:20
  Travellers can tailor cover for medical conditions
  
  Read more

• Industry needs better communication, says Allianz's McGinn

  04-06-2015 13:20
  
  Commercial general manager's warning comes after FCA review of industry's SME claims service.
  
  Read more

• Lloyds bank lands landmark PPI fine

  04-06-2015 13:13
  The bank could be landed with the nine figure sum as early as this week
  
  Read more

• Lloyds Bank handed record £117m PPI fine

  04-06-2015 13:13
  FCA said bank mishandled customer complaints
  
  Read more

• Theme parks warned to check safety systems after Alton Towers crash

  04-06-2015 12:57
  
  Francesca NymanPostonline Theme park rides made by the same manufacturer as ‘The Smiler’ at Alton Towers should review their safety procedures ahead of increased scrutiny form the health and safety executive, the managing director of specialist theme park broker Marsh & Company has warned.
  
  Read more

• Sector failing on customer experience

  04-06-2015 11:18
  
  Report says insurance firms’ customer relationships are “bland and undistinguished”.
  
  Read more

• Aviva replaces Zurich on nursery broker business

  04-06-2015 11:18
  From June 1 new dot2dot customers are now insured with Aviva
  
  Read more

• Broker Henderson warns of more construction firm collapses

  04-06-2015 10:39
  The broker said firms need to consider credit insurance in the wake of companies folding
  
  Read more

• Niche motor broker DNA extends partnership with Open GI

  04-06-2015 10:27
  Open GI will provide DNA with front and back end trading capability 
  
  Read more

• Fraudster jailed for conning law firm in personal injury scam

  04-06-2015 10:16
  Imran Shah falsely claimed a car crash had left him seriously injured to get a £1,700 up-front payment
  
  Read more

• Aviva uncovers fraudster's con on law firm in personal injury scam

  04-06-2015 10:16
  Imran Shah falsely claimed a car crash had left him seriously injured to get a £1,700 up-front payment
  
  Read more

• AXA and Lockton win property portfolio deal from Covéa and Jelf

  04-06-2015 09:09
  AXA London branch manager Martyn Grime says deal will strengthen AXA’s standing in the real estate market
  
  Read more

• Post magazine – 4 June

  04-06-2015 08:44
  
  Post Online Postonline The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
  
  Read more

Follow @Insurance_UKnws on Twitter!