The Financial Ombudsman Service - Insurance Disputes Increase By 84%
Fresh Business Thinking, UK While half of the total number of disputes related to six of the UK's largest financial services groups – broadly in proportion to the amount of business they carry out with consumers – more than 95% of businesses covered by the ombudsman service had … |
Toxic loan insurance scheme 'could increase bankruptcies'
guardian.co.uk, UK A spokesman for the Treasury denied that the APS created an incentive to force companies out of business. "The final agreements will be designed to ensure responsible management of the assets covered by the scheme, in order to mitigate losses for the … |
 Times Online |
Will Michael Jackson survive his concert marathon?
Times Online, UK “Michael is totally focused now, and the insurance wasn'ta problem, it was just expensive.” He reveals a phased three-year touring plan that will take Jackson to Europe, then the Far East, winding up in the Americas in 2011. He estimates that Jackson … |
 Daily Mail |
Pressure is growing for a business 'league of shame'… but who is …
Daily Mail, UK Complaints relating to controversial payment protection insurance, investment bonds, and motor, household and travel insurance were all up on the previous year. The FOS, despite widespread hostility from the financial services industry, … |
Business digest
Times Online, UK HUGH OSMOND is in the final stages of agreeing a debt restructuring of his Pearl Group insurance empire. Pearl's consortium of 17 banks met on Wednesday and are expected to sign off on the deal within days. Osmond and other existing shareholders are … |
Scots firms to get £25m as funding scheme kicks in
Sunday Herald, UK One Scottish firm benefiting from the scheme is Moreland Insurance Brokers, one of the largest insurance brokers in Lanarkshire. The firm, originally established in 1964 in Motherwell, was bought out by the current owners three years ago, … |
 Telegraph.co.uk |
BUSINESS AS USUAL FOR COLEMAN
Sportinglife.com, UK HM Revenue and Customs have already given the League Two outfit notice of the start of the winding up proceedings and the club are set to appear in court on June 10 faced with unpaid tax and national insurance contributions of around £300000. … Tax bill won't delay signings, insists Accrington Stanley manager |
Serco rises after landing government contracts
Times Online, UK … noting that, although the company was gaining ground in speciality lines of business, it feared that lower investment returns could put pressure on medium-term earnings. Citigroup also downgraded Brit Insurance to “hold”, noting that its shares, … |
CSE Insurance Group's Financial Strength Rating of A- (Excellent …
Earthtimes (press release), UK SAN FRANCISCO - (Business Wire) CSE Insurance Group (www.cseinsurance.com), a leader in providing civil service employees with quality protection at affordable rates, today announced that AM Best Company has reaffirmed CSE Insurance's financial … |
 RealWire (press release) |
Norwich Union name to disappear after 200 years
Independent, UK Aviva remains a significant employer in Norwich, with approximately 6500 staff serving its life and general insurance operations. Founded by merchant and banker Thomas Bignold, the company first offered insurance against fire. … Norwichunion.com redirects to Aviva.co.uk from 1 June Insurer undergoes name change Norwich Union becomes Aviva |