UK’s Q2 Auto Insurance Premiums Drop to Lowest Level Since Early 2016: Survey July 21, 2021 The cost of a comprehensive car insurance policy in Britain fell 12% in the second quarter to its lowest level...
Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim July 20, 2021 By Todd Gillespie Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it...
Number of Women on Boards of UK’s Top Financial Firms Rises to 32%: Report July 19, 2021 By Simon Jessop The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third...
Lloyds Bank Fined $125M for Inaccurate Communications over Home Insurance Renewals July 9, 2021 By Silla Brush Lloyds Banking Group Plc’s insurance unit was fined 90.7 million pounds ($125 million) by the UK Financial Conduct Authority for...
As UK Eases COVID Rules, Businesses Concerned About Legal Liability July 6, 2021 By Alex Morales Businesses have been been clamoring for the government to finally reopen the UK economy. Now that face masks and social...
Update: Britain Unveils Blueprint to ‘Sharpen’ London’s Post-Brexit Competitive Edge July 1, 2021 By Huw Jones Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set...
UK Government Expected to Back Insurance Scheme for Live Entertainment June 30, 2021 By Carolyn Cohn and Barbara Lewis The British government is expected to announce an insurance scheme in the coming weeks for live events, including festivals, theater...
Central London Could Lose as Many as 835,000 Jobs to Remote Working: Report June 29, 2021 By Jill Ward Central London could lose as many as 835,000 jobs in the aftermath of the COVID-19 pandemic, with employees in service...
Hiscox Agrees to Arbitration Settlement with UK Policyholders over COVID-19 BI Losses June 28, 2021 Hiscox has agreed an arbitration settlement with a group of policyholders over business interruption losses due to the government’s COVID-19...
BHSI Launches Energy & Technical Lines Casualty Products in UK with Dedicated Team June 22, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and established...