Insurance news

• Price comparison site data may have been used by Leave.EU

  21-04-2018 22:01
  Sharing of personal data on Moneysupermarket to insurance firms raises new questions in light of allegations made by ex-Cambridge Analytica director Brittany KaiserPersonal information gathered from price comparison websites may have been used without people’s knowledge or consent by pro-Brexit campaigners in the European referendum.An ex-director of Cambridge Analytica told parliament last week that she believed the Leave.EU campaign, headed by Nigel Farage and bankrolled by Arron Banks,
  
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• Arron Banks, the insurers and my strange data trail

  21-04-2018 22:01
  Carole Cadwalladr just wanted to insure her car. Six months later, she found a mass of personal details held by a firm she had never contacted that is run by Leave.EU’s biggest donor, Arron Banks.How did it get there?If a 29-year-old Peugeot 309 is the answer, it’s fair to wonder: what on earth is the question? In fact, I had no idea about either the question or the answer when I submitted a “subject access request” to Eldon Insurance Services in December last year. Or th
  
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• NatGen's Wells Fargo CPI business still under scrutiny

  21-04-2018 01:07
  Wells Fargo's $1bn fine over force-placed auto insurance may
  end that woeful chapter for the third-largest US bank but National
  General, the carrier entangled in the scandal, remains under
  scrutiny, The Insurance Insider
  understands.
  Sources say a probe begun last year by New York state
  regulators is still ongoing. The inquiry had to do with how NatGen
  worked with the San Francisco-based bank when it came to providing
  collateral protection insurance (CPI) on autos purchased with Well
  Fargo loans
  
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• BB&T insurance deal expected to net $200mn for Regions

  21-04-2018 01:07
  Regions Financial expects the sale of its insurance group to
  BB&T will result in an approximately $200mn after-tax gain, the
  company said today in reporting its first quarter results.
  The insurance group earned an $8mn after-tax profit in the
  just-ended quarter, down from earning $15mn in the 2017 fourth
  quarter, the Birmingham, Alabama-based US regional bank said.
  The sale of Regions Insurance Group to Winston-Salem, North
  Carolina-based BB&T, another regional US bank is expected to
  clo
  
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