Supreme Court: 'collateral' lies not necessarily fatal to insurance claim

Insurers may wish to make changes to their contracts following the UK Supreme Court's decision to uphold a €3.2 million claim by the owner of a damaged dredging vessel who lied in support of that claim, an expert has said.

Anti-money laundering rules no barrier to wholly digital ID verification, says Woolard

Anti-money laundering and 'know your customer' regulations are no barrier to verifying the identity of customers via wholly digital processes, a senior executive at the UK's Financial Conduct Authority (FCA) has said.

Court of Appeal: lender entitled to recover full refinancing loan in negligent property valuation case

A lender was entitled to recover the full amount of a refinancing loan it granted after relying on a negligent property valuation, and not just the 'top-up' funding, the Court of Appeal has ruled.

BREXIT: EU exit could result in changes to competition law enforcement against insurers, say experts

FOCUS: UK insurers could face uncertainty under competition law enforcement following a UK exit from the EU, but also potential opportunities.

Huge estimated losses from Canadian wildfires will impact on reinsurers, says expert

FOCUS: The Fort McMurray wildfires in Alberta, Canada are already on course to be the most costly natural disaster in Canada's history - but their long-term impact on the reinsurance industry might not be as severe as first feared.

Firms can now apply to participate in FCA's new regulatory sandbox

Financial services firms and technology companies can now apply to participate in the new 'regulatory sandbox' scheme being run by the Financial Conduct Authority (FCA).

Motorists must wait until full automation before carrying out other activities in 'driverless' cars, says ABI

Motorists will need to remain alert behind the wheel until vehicle driving becomes fully automated, the Association of British Insurers (ABI) has said.