Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
market conduct News
The Financial Conduct Authority (FCA) has levied a fine of £7,881,700 against insurance broker JLT Specialty Ltd. for financial crime...
UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility...
Australia’s corporate regulator said on Friday it was suing MLC Life Insurance for causing financial harm of A$17.5 million ($12.73...
Australia’s corporate regulator commenced civil proceedings against a unit of Insurance Australia Group on Friday, for failing to pass on...
Britain’s markets watchdog told financial advisers on Tuesday they face a two-year crackdown to stop unsuitable advice, investment scams and...
U.K. home and car insurers could be stopped from jacking up prices when customers’ policies come up for renewal as...
Providers in the U.K.’s markets for cash savings, mortgages, insurance, mobile phone contracts and broadband are burdening customers with a...
Some UK insurers may be forced to change how they set their prices for motor and home insurance as a...
Untimely claims handling and failure to provide required compliant claims, underwriting, and policyholder service disclosures are the U.S. insurance industry’s...