query: who regulates the insurance industry in the uk

pos: Insurance in the United Kingdom Insurance in the United Kingdom Insurance in the United Kingdom, particularly long-term insurance, is divided into different categories. The categorisation is currently set out in sections 333B, and 431B to 431F of the Income and Corporation Taxes Act 1988 (ICTA) with each category of business given a different tax treatment. The Chartered Insurance Institute is a prominent professional group first chartered in 1913 The Financial Services Authority was formed in 2001 as the regulator. In 2013 the Financial Services Authority was dissolved and financial regulation was instead placed with the Financial Conduct Authority and Prudential Regulation Authority. In 2005, regulation

pos: EMB Consultancy UK Car Insurance Price Index. In addition, it produces an annual Motor Insurance Industry Report, analysing the performance of UK motor insurers based on returns to the Financial Services Authority.The company also carries out regular research into UK consumer attitudes towards aggregators. Alongside its advice to clients on Solvency II, it has also investigated the potential financial impact of aspects of the EU-wide legislation due to come into effect in 2012. EMB staff were closely involved in the International Underwriting Association 2007 Bodily Injury Awards study. Several partners and consultants are also part of working parties for professional bodies such

neg: North Dakota Insurance Commissioner North Dakota Insurance Commissioner The North Dakota Insurance Commissioner regulates the insurance industry in North Dakota, United States, licenses insurance professionals in the state, educates consumers about different types of insurance, and handles consumer complaints. The current Insurance Commissioner is Jon Godfread who was elected in 2016. Since the creation of the office with the state's constitution in 1889, the state has seen a total of 20 Insurance Commissioners. The commissioners have served relatively short terms when compared with North Dakota's other state offices; the longest tenure was that of Sveinung A. Olsness who served for 18 years, and the

neg: New Jersey Department of Banking and Insurance National Association of Insurance Commissioners (NAIC) for five years. Among its tasks, the division oversees the solvency of the various companies and ensures consumer protections while periodically examining the licensed entities within the industry for compliance issues. Additionally, the division licenses and regulates insurance agents and brokers (producers). The Property & Casualty Section is charged with the regulation of rates, rules and forms for property and casualty insurance. The section regulates personal, commercial and title insurance sold in the state. The Life & Health Bureaus are responsible for the review and approval of life insurance forms, annuity contracts and synthetic

neg: North Carolina Commissioner of Insurance North Carolina General Assembly created the position of insurance commissioner, which has been popularly elected since 1908. North Carolina Commissioner of Insurance The North Carolina Commissioner of Insurance regulates the insurance industry in North Carolina, licenses insurance professionals in the state, educates consumers about different types of insurance, and handles consumer complaints. The Commissioner also oversees the Office of the State Fire Marshal, which is responsible for a host of other services that affect North Carolinians’ daily lives. The current Commissioner is Mike Causey, who has served as Commissioner since January 2017. Prior to 1899, the supervision of insurance companies

neg: North Carolina Commissioner of Insurance North Carolina Commissioner of Insurance The North Carolina Commissioner of Insurance regulates the insurance industry in North Carolina, licenses insurance professionals in the state, educates consumers about different types of insurance, and handles consumer complaints. The Commissioner also oversees the Office of the State Fire Marshal, which is responsible for a host of other services that affect North Carolinians’ daily lives. The current Commissioner is Mike Causey, who has served as Commissioner since January 2017. Prior to 1899, the supervision of insurance companies in the state was in the hands of the North Carolina Secretary of State. In 1899, the

neg: Financial adviser Financial Industry Regulatory Authority (FINRA) regulates and oversees the activities of brokerage firms, and their registered representatives. The Securities and Exchange Commission (SEC) regulates investment advisers and their investment adviser representatives. Insurance companies, insurance agencies and insurance producers are regulated by state authorities. Investment Advisers may be registered with state regulatory agencies, the Securities and Exchange Commission, or pursuant to certain exemptions, remain unregistered. The anti-fraud provisions of the Investment Advisers Act of 1940 and most state laws impose a duty on Investment Advisors to act as fiduciaries in dealings with their clients. This means the adviser must hold the

neg: Alcohol exclusion laws insurance companies. Because of this, there is concern that alcohol exclusion laws help drunken drivers avoid detection and increase the likelihood that they will repeat their crime in the future. Nine states now prohibit alcohol exclusions and several more are currently considering such action. The insurance industry supports alcohol exclusion laws. On the other hand, the professional organization which regulates that industry, the National Association of Insurance Commissioners, has voted unanimously to recommend the repeal of alcohol exclusionary laws. Other groups supporting their repeal include the National Conference of Insurance Legislators, the American Bar Association, the American College of Emergency

neg: New Mexico Public Regulation Commission New Mexico Public Regulation Commission The New Mexico Public Regulation Commission [PRC] is a regulatory authority in New Mexico charged with the responsibility of seeing that utility customers have "fair and reasonable rates, and to assure reasonable and adequate services to the public as provided by law." The PRC regulates the insurance industry in New Mexico through its Division of Insurance, appointing an Insurance Superintendent who is a PRC employee having independent statutory powers. The PRC also has responsibility for motor carrier regulation, the State Fire Marshal's Office, the Firefighter Training Academy, Pipeline Safety and the registration of all corporations

neg: Federation of Oils, Seeds and Fats Associations Federation of Oils, Seeds and Fats Associations The Federation of Oils, Seeds and Fats Associations (FOSFA International) is the main trade association for the oil, seeds and fats industry. It regulates legal contracts in the trade/industry. FOSFA was formed from four other previous organisations in 1968. It used to be based at 20 St Dunstan's Hill, London EC3R 8NQ. 85% of worldwide trade in oils and fats is under FOSFA contracts. It regulates trade in the industry. The clauses in contracts are known as the FOSFA Rules. Its rules cover products transported with Cost, Insurance and Freight (CIF) or Freight

neg: Insurance regulatory law Insurance regulatory law Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed by statutory law enacted by the state legislatures. However, federal law, court decisions and administrative adjudications also play an important role. Insurance is characterized as a business vested or affected with the public interest. Thus, the business of insurance, although primarily a matter of private contract, is nevertheless of such

neg: North Dakota Insurance Commissioner average time in office has been about 6 years. The office has been held by the North Dakota Republican Party for a wide majority of its existence; only four of the 20 Insurance Commissioners were from the state's Democratic Party. The Insurance Commissioner originally served a two-year term, but this was extended to four in 1964 by a constitutional amendment. North Dakota Insurance Commissioner The North Dakota Insurance Commissioner regulates the insurance industry in North Dakota, United States, licenses insurance professionals in the state, educates consumers about different types of insurance, and handles consumer complaints. The current Insurance Commissioner is

neg: Colorado Division of Insurance Colorado Division of Insurance The Colorado Division of Insurance was established by the Colorado General Assembly in 1879. It became part of the Department of Regulatory Agencies (DORA) in 1968. The chief executive officer of the Division is the Commissioner of Insurance. The Commissioner is appointed by the governor, Prior to 1906, the commissioner was known as the Superintendent of Insurance and was under the State Auditor, and until 1984 was a state employee. In 1984 the position changed to become a gubernatorial appointee. The Colorado Division of Insurance regulates the insurance industry and assists consumers and other stakeholders with

neg: California Department of Insurance California Department of Insurance The California Department of Insurance (CDI), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California. The CDI has authority over how the insurance industry conducts business within California, and licenses and regulates the rates and practices of insurance companies, agents, and brokers in the state. CDI has over 1,300 employees charged with the responsibility of protecting consumer interests. Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses

neg: California Department of Insurance hall meetings, business and community fairs, and professional association events. California Department of Insurance The California Department of Insurance (CDI), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California. The CDI has authority over how the insurance industry conducts business within California, and licenses and regulates the rates and practices of insurance companies, agents, and brokers in the state. CDI has over 1,300 employees charged with the responsibility of protecting consumer interests. Its budget is primarily derived from funds generated by license

neg: Insurance in Australia (APRA). Matters relating to advice or disclosure of insurance products sold are regulated by the Australian Securities and Investments Commission (ASIC). The Australian Competition and Consumer Commission (ACCC) also has a regulatory role with respect to competition law. In certain states, various bodies also have powers in regulating certain types of statutory insurance. For example, in New South Wales the Motor Accidents Authority regulates Compulsory Third Party motor liability insurance. In many cases these bodies have powers regarding premium rating and reinsurance rules. The primary federal legislation is: Other legislation which affects the industry includes: Further regulations include: The main

neg: New Jersey Department of Banking and Insurance with existing laws and regulations. When violations are suspected, the Commission investigates these claims and either resolves them or conducts hearings concerning the violations. Additionally, the Commission registers all licensed brokers in the state and inspects their operations and offices. The formal Commission consists of 8 members (7 appointed by the Governor and one government representative) that conduct hearings related to potential violations. The Division of Insurance regulates the state’s insurance industry, including the life, health, and property & casualty insurance industries. The division currently employs approximately 330 individuals in four units. The division was reaccredited in 2010 by the

neg: Real estate in Puerto Rico Real estate in Puerto Rico As of 2012, the real estate industry in Puerto Rico constituted about 14.8% of the gross domestic product of Puerto Rico, about 1% of all of the employee compensation on the island and, together with finance and insurance (FIRE), about 3.7% of all the employment on the jurisdiction. A number of laws of the United States providing for real estate grants or subsidies extend coverage to Puerto Rico: Act 77 of 1964 regulates the business of real estate for companies headquartered inside Puerto Rico, while Act 45 of 1980 regulates those outside of Puerto Rico.

neg: B&CE B&CE B&CE is a not-for-profit financial services company based in Crawley, West Sussex. The company provides insurance-based products to people working in the UK construction industry. Building and Civil Engineering Holidays Scheme Management Limited (“the Company”) is a company limited by guarantee. It administers the Building and Civil Engineering Benefits Scheme and is also the appointed administrator of the B&CE Charitable Trust. The Company has two wholly owned subsidiaries; B&CE Insurance Limited and B&CE Financial Services Limited. B&CE Insurance Limited was established with an objective to offer appropriate insurance based products to all who work in the construction industry. B&CE

neg: Peer-to-peer insurance responsibility towards the group while minimizing the number of fraudulent cases. In 2011, Friendsurance was awarded the "Service Innovation Award Insurance" and nominated as "Startup of the Year 2011" in a startup competition hosted by online startup magazine "Gründerszene". In 2012, Oscar Health Insurance launched in New York City. In 2013, about 90 percent of those who took advantage of the peer-to-peer-insurance model were repaid contributions. In 2014, the British insurance company Guevara introduced the peer-to-peer insurance concept for car insurance in the UK., whilst Friendsurance, in cooperation with the insurance industry, expanded the peer-to-peer insurance concept to include existing

neg: Sodium oxybate drugs has come under scrutiny. The average cost of a specialty drug in the US was $65,000 annually in June 2013 (about $5,416 a month). The price of Xyrem in the US has inflated by an average of 40% annually since it became available as a prescription. In European Union (EU) countries, the government either provides national health insurance (as in the UK and Italy) or strictly regulates quasi-private social insurance funds (as in Germany, France, and the Netherlands). These government agencies are the sole purchaser (or regulator) of medical goods and services and have the power to set prices.

neg: Knowyourmoney.co.uk Knowyourmoney.co.uk Knowyourmoney.co.uk is a financial technology firm based in Norwich, UK. The company compares financial services such as mortgages or insurance and provides written guides on purchasing decisions. Knowyourmoney primarily caters for consumers and small or medium-sized enterprises (SMEs). The Financial Conduct Authority regulates the website, registered under the name Notice Media Ltd. The website was set up in 2004 by three entrepreneurs including Jason Tassie and John Ellmore. The website’s founders had previously worked in digital marketing, PPC and insurance. The website partnered with breakdown cover providers such as the AA, The RAC & Green Flag and presented consumers

neg: Financial Industry Regulatory Authority Financial Industry Regulatory Authority (FINRA). The FINRA By-Laws provide that the FINRA Board must consist of the chief executive officer of FINRA, the chief executive officer of NYSE Regulation, eleven public governors, and ten industry governors, including a floor member governor, an independent dealer/insurance affiliate governor, an investment company affiliate governor, three small firm governors, one mid-size firm governor, and three large-firm governors. The small firm governors, mid-size firm governor, and large-firm governors are elected by members of FINRA according to their classification as a small firm, mid-size firm, or large firm. FINRA regulates trading in equities, corporate bonds, securities

neg: California Labor Code worker's compensation insurance. This Division regulates the referral of injured state employees who may be benefited by rehabilitation services and retrained for other positions in public service. This Division regulates the conditions for a safe workplace. The Division of Occupational Safety and Health (DOSH, also known as Cal/OSHA) obtains its legal authority from this Division. DOSH's many responsibilities include inspecting nearly all elevators in California. A voluntary workmen's compensation program was established in 1911. Also, a workmen's compensation section was added to the state constitution. California's first legislation on the subject of worker safety was the Workmen's Compensation, Insurance and

neg: New Mexico Public Regulation Commission and limited liability companies doing business in New Mexico. On July 1, 2013, the Insurance Division separated from the Public Regulation Commission and became an independent agency. The five PRC Commissioners are elected by district. As of January 2017, the members of the commission are: New Mexico Public Regulation Commission The New Mexico Public Regulation Commission [PRC] is a regulatory authority in New Mexico charged with the responsibility of seeing that utility customers have "fair and reasonable rates, and to assure reasonable and adequate services to the public as provided by law." The PRC regulates the insurance industry in New

neg: Office of Commercial Space Transportation in 2004. Under international law, the nationality of the launch operator and the location of the launch determines which country is responsible for any damage that occurs. Due to this, the United States requires that rocket manufacturers and launchers adhere to specific regulations to carry insurance and protect the safety of people and property that may be affected by a flight. The office also regulates launch sites, publishes quarterly launch forecasts, and holds annual conferences with the space launch industry. The office is headed by the Associate Administrator for Commercial Space Transportation (FAA/AST), who is currently Kelvin Coleman. They are

neg: Financial Supervisory Authority (Egypt) Financial Supervisory Authority (Egypt) The Financial Supervisory Authority () is the integrated government agency that regulates the financial service industry in Egypt. The agency supervises all non-banking financial transactions and markets including capital markets, derivative markets, commodities, insurance, mortgage finance, financial leasing and factoring. With the passing of Law no. 10, 2009, issued on February 25, 2009, the agency was established and became operationally effective on July 1, 2009. It replaced three major regulating authorities: the Capital Market Authority, the Insurance Supervisory Authority, and the Mortgage Finance Authority. This unification was intended to foster Egypt's financial sector. Establishing the new

neg: Social security in Switzerland Social security in Switzerland The Sozialversicherungen (Social Security) in Switzerland includes several public and private insurance plans to assist the welfare of the population. The basic principles of social insurance are found in Articles 111 to 114 and Articles 116 and 117 of the Swiss Federal Constitution. Article 111 defines the so-called "three-pillar principle", which regulates the structure of retirement, survivors', and disability benefits. Article 112 provides the basis for the old-age, survivors', and disability insurance, in Article 113 that of occupational pensions. Article 114 regulates the basis of the unemployment insurance; provisions for family allowances and maternity insurance are

neg: Biotechnology in the United Kingdom in Brussels) and the Biotechnology and Biological Sciences Research Council (BBSRC) in Swindon. The National Centre for Biotechnology Education supports secondary schools. The Medicines and Healthcare products Regulatory Agency (MHRA) regulates biopharmaceuticals in the UK. Biotechnology in the United Kingdom Biotechnology in the United Kingdom is the British industry regarding organisms that manufacture commercial products, whether the genes of the organism have been naturally procured or not (synthetic biology). The industry can be controversial, and often overlaps with the healthcare and pharmaceutical industry (biopharmaceuticals). Currently, most industrial biotechnology expenditure in the UK is in the field of healthcare, and consequently

neg: Consumer Financial Protection Bureau "summary plan document" (SPD), but the marketplace was regulated by the individual insurance commissioners of every state, with some states having multiple regulators (California maintains both a Department of Insurance and a Department of Managed Care). IRAs, also directed to consumers, are regulated by type of custodian (the FDIC regulates bank custodians, the IRS regulates non-bank custodians). Annuities, life insurance, and disability insurance purchased directly by consumers, are regulated by individual state insurance commissioners. Marketing to consumers is generally regulated by the FCC and various state laws. Because state commissioners are the main regulators, the CFPB is unlikely to assume

neg: Terrorism insurance would cancel the Super Bowl over the issue. The New York Times reports that in Baghdad personal terrorism insurance is available. One company offers such insurance for $90, and if the customer is a victim of terrorism in the next year, it pays the heirs $3,500. In the UK, following the Baltic Exchange bomb in 1992, all UK insurers stopped including terrorism coverage on their commercial insurance policies with effect from 1 January 1993 (home insurance policies were unaffected). As a consequence, the government and insurance industry established the Pool Reinsurance Company Ltd (Pool Re). Primarily funded by premiums paid

neg: Association of British Insurers Association of British Insurers The Association of British Insurers or ABI is a trade association made up of insurance companies in the United Kingdom. The ABI began in 1985 after several specialised insurance industry trade associations, including the British Insurance Association, the Life Offices’ Association, the Fire Offices Committee, the Accident Offices Association, the Industrial Life Offices Association and the Accident Offices Association (Overseas), joined together to form one trade association for the whole industry. The UK insurance industry is the largest in Europe and the third largest in the world. According to the Association, it has around 250 companies

neg: Employer Reference Number Employer Reference Number An Employer Reference Number (ERN) or Employer PAYE Reference is a unique reference number issued in the UK by HMRC to an employer. Every organisation operating a Pay as you Earn (PAYE) schene is allocated an ERN, a unique set of letters and numbers used by HMRC (and others) to identify each employer, consisting of a three-digit HMRC office number and a reference number unique to each business. The Financial Conduct Authority (FCA), which regulates insurance companies in the UK, requires insurers and brokers to obtain the ERN from clients whom they are insuring or for whom

neg: Credit score in the United States users can get their free credit reports. Non-FICO credit scores are available as an add-on feature of the report for a fee. This fee is usually $7.95, as the FTC regulates this charge through the Fair Credit Reporting Act. Credit scores are often used in determining prices for auto and homeowner's insurance. Starting in the 1990s, the national credit reporting agencies that generate credit scores have also been generating more specialized insurance scores, which insurance companies then use to rate the insurance risk of potential customers. Studies indicate that the majority of those who are insured pay less in insurance

neg: Cyclone Kyrill hours of Friday, almost 4.5 m above the astronomical prediction level. High winds in the Alps prompted the Austrian weather service to advise the skiers and snowboarders to seek shelter, and caused at least one major motorway tunnel closure. The cost of the damage across Europe to the insurance industry has been estimated by Swiss Re as €3.5bn. In the UK, the cost to the insurance industry could be as high as £350m (€520m). As the event is relatively recent for the insurance industry these are unlikely to be the final costs. Several windows were broken at the Römisch-Germanisches Museum

neg: Employee Retirement Income Security Act of 1974 the ERISA preemption analysis concerns the “deemer” clause. State insurance regulation may be saved only to the extent that it regulates genuine insurance companies or insurance contracts. As a result, a state may not “deem” that an employee benefit plan is an insurance plan in an effort to sidestep preemption if the benefit plan would not otherwise meet the requirements as an insurance company or contract. The “deemer” clause therefore restricts the use of the “savings” clause to conventionally insured employee benefit plans. The result of ERISA preemption is that the only remedy available to a covered person who has

neg: Sadharan Bima Corporation insurers. With regard to regulatory control, Insurance Development & Regulatory Authority of Bangladesh regulates all insurance companies in Bangladesh including Sadharan Bima Corporation. Sadharan Bima Corporation is the only insurer of properties owned by Government of Bangladesh. No other private non-life insurance companies are allowed to insure any public property.Under an agreement between Sadharan Bima Corporation and Bangladesh Insurance Association (BIA), half of the business so acquired from insuring public properties, is equally distributed among the private sector non-life insurance companies who, on the other hand, compulsorily reinsure half of their re-insurable business with the SBC. The Company incurred damages

neg: Flood Re agreements on flood insurance have been made between governments in the UK and the insurance industry since the 1960s. These started with what is referred to as the "Gentleman‟s Agreement" more recently named the "Statement of Principles on the provision of flood insurance" after the year 2000. Following the serious UK flooding in 2000, which affected 10,000 properties in 700 locations and caused £1 billion of damage, the government and the Association of British Insurers drew up a statement of principles. Under the agreement ABI members agreed to continue offering insurance at existing rates to properties at high risk of

neg: Employee Retirement Income Security Act of 1974 benefit plans. The Supreme Court has created another limitation on the insurance exception, in which even a law that regulates insurance is preempted if it purports to add a remedy to a participant or beneficiary in an employee benefit plan that ERISA did not explicitly provide. A three-part analysis is used to decide whether ERISA preempts state law. First, preemption is presumed if the state law “relates to” any employee benefit plan. Second, a state law relating to an employee benefit plan may be protected from preemption under ERISA if it regulates insurance, banking, or securities. The third step of

neg: Institute of Quarrying thirteen regional branches in the UK. It regulates the quarrying industry, providing training and consultation for standards in the industry, similar to other engineering professional bodies. Institute of Quarrying The Institute of Quarrying is the international professional body for quarrying, construction materials and the related extractive and processing industries. The Institute's long-term objective is to promote progressive improvements in all aspects of operational performance of the extractives industry through education and training. The Institute has been supporting the extractives industry and associated sectors since 1917. The Institute was founded on 19 October 1917 from a meeting of “The Association of

neg: Legal expenses insurance report confirms prior findings of two previous reports (Thematic Review of the UK's Motor Legal Expenses Insurance industry by the Financial Conduct Authority (FCA) of 2013, Report of the UK Ministry of Justice published in October 2007).The FCA saw that many consumers were not able to distinguish between the cover of motor insurance (protection against liability for third-party damages) and motor legal protection insurance (pursuit of claims to recover uninsured losses and protection against criminal prosecution). The 2007 report of the Ministry of Justice comes to the result that, although 59% of the UK population have some form of legal

neg: UKPSF selling paintball guns in the UK" all of which work inside all known government legislation. These practices should be enforced so that the safety aspect of paintballing in the UK is not compromised. In extreme cases, accidents or injuries that go to court to be settled could lead to full investigation of the paintball industry, this could damaging the paintball industry irreparably leading to higher insurance costs, and new government legislation restricting paintball in the UK. The UKPSF work to raise awareness of the risks, and to protect the paintball industry. This Accreditation means that Parents, Schools and government services

neg: Medical indemnity indemnity (e.g. dental, allied health, medical), not just that provided for medical doctors. However, there are only six Australian Health Practitioner Regulation Authority (AHPRA) listed insurers that provide medical indemnity insurance cover to medical practitioners. Australian medical practitioner medical indemnity providers include: Industry bodies include the Insurance Council of Australia and the Medical Indemnity Industry Association of Australia. Following the UK model from the late nineteenth century Australian doctors have protected themselves through establishing state based mutual organisations collectively called Medical Defence Organisations (MDO’s). These medical defence organisations traditionally provided discretionary cover, rather than cover under a contract of insurance.

neg: Devitt Insurance Devitt Insurance Devitt Insurance Services Limited is a privately owned insurance broker based in Romford, England and have been arranging insurance in the UK since 1936. Devitt is a specialist motorbike insurance company, but also arrange car insurance, van insurance, home insurance and business insurance. Devitt administrate motorbike insurance schemes for other large UK brands including BMW Motorrad in the UK, Post Office, RAC and The Salvation Army. They compare quotes from their insurance panel, which includes Ageas, Aviva, AXA, Chaucer, Equity Red Star, LV, NIG and Provident. Devitt's roots can be traced back to Thomas Henry Devitt who founded

neg: Gibraltar the growth of professional services such as private banking and captive insurance management. Gibraltar has several attractive attributes as a financial centre, including a common law legal system and access to the EU single market in financial services. The Financial Services Commission (FSC), which was established by an ordinance in 1989 (now an Act) that took effect in 1991, regulates the finance sector. In 1997, the Department of Trade and Industry established its Gibraltar Finance Centre (GFC) Division to facilitate the development the financial sector development. , Gibraltar has 0.103 Big Four accounting firm offices per 1,000 population, the second

neg: Financial regulation and insurers, while the Australian Securities and Investments Commission (ASIC) is responsible for enforcing financial services and corporations laws. Sometimes more than one institution regulates and supervises the banking market, normally because, apart from regulatory authorities, central banks also regulate the banking industry. For example, in the USA banking is regulated by a lot of regulators, such as the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the National Credit Union Administration, the Office of Thrift Supervision, as well as regulators at the state level. In the European Union, the European System

neg: Financial Supervisory Authority (Egypt) agency is an ordinary member of the International Organization of Securities Commissions (IOSCO). Both Cairo and Alexandria Stock Exchanges (CASE) as well as "Misr Company for Central Clearing, Depository & Registry" (MCDR) have membership of the IOSCO too, but they are affiliate members. The headquarters is located in Smart Village. Financial Supervisory Authority (Egypt) The Financial Supervisory Authority () is the integrated government agency that regulates the financial service industry in Egypt. The agency supervises all non-banking financial transactions and markets including capital markets, derivative markets, commodities, insurance, mortgage finance, financial leasing and factoring. With the passing of Law no.

neg: Economics of nuclear power plants government appointed but independent tribunal, and paid by the federal government. In the UK, the Nuclear Installations Act 1965 governs liability for nuclear damage for which a UK nuclear licensee is responsible. The limit for the operator is £140 million. In the United States, the Price-Anderson Act has governed the insurance of the nuclear power industry since 1957. Owners of nuclear power plants are required to pay a premium each year for the maximum obtainable amount of private insurance ($450 million) for each licensed reactor unit. This primary or "first tier" insurance is supplemented by a second tier. In the

neg: GAP insurance Insurance premiums are sold by car dealers in the UK. Claims ratios for GAP insurance (the amount paid out in comparison to premiums paid) were just 10% between 2008 and 2012, meaning that just £10.00 was paid out for every £100.00 paid in premiums. The poor value for money being given to consumers prompted the FCA to require the following: GAP insurance Guaranteed Auto Protection (GAP) insurance (also known as "GAPS") was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing

neg: Knowyourmoney.co.uk contact you,” In 2018 Archant Community Media Limited invited parent company Notice Media to join its Future50 program. Future50 is a list of Norfolk and Suffolk based companies, chosen for their rapid growth and job creation prospects. Knowyourmoney.co.uk Knowyourmoney.co.uk is a financial technology firm based in Norwich, UK. The company compares financial services such as mortgages or insurance and provides written guides on purchasing decisions. Knowyourmoney primarily caters for consumers and small or medium-sized enterprises (SMEs). The Financial Conduct Authority regulates the website, registered under the name Notice Media Ltd. The website was set up in 2004 by three entrepreneurs

neg: Glib Zagoriy Insurance” to grant survivors’ pensions to family members of persons who died as a result of injury, maim or concussion suffered during the Revolution of Dignity Law of Ukraine No. 804-VIII Amending Article 36 of the Law of Ukraine “On Mandatory State Pension Insurance” to grant survivors’ pensions to family members of persons who died as a result of injury, maim or concussion suffered during the Revolution of Dignity. The law regulates survivors’ pensions granted to families of persons who died (or were killed) through participation in the Revolution of Dignity. Law of Ukraine No. 269-VIII Amending certain regulatory acts

neg: Nextbase UK their policy when a Nextbase dash cam is installed. In October 2016, Nextbase signed a partnership with insurance broker Sure Thing!, in turn announcing the largest discount on insurance policies in the industry. Sure Thing! offers a 20% discount on all policies to drivers who own a Nextbase dash cam. Nextbase’s 402G model was awarded the first ever Which? Best Buy in the dash cam category in July 2014 and retained this in July 2015. The Nextbase 512G scooped the Which? Best Buy Award in July 2015 and retained this in July 2016. This accolade added to the Auto Express

neg: Employer Reference Number they are arranging insurance for Employers' Liability, and to state the ERN in their Employers' Liability Register. ERN's are also used by the Employers' Liability Tracing Office, an independent industry body recognized by the FCA, who can assist employees to find their former employer's Employers' Liability Insurance provider if they need to make a claim for injury or illness incurred at work. Employer Reference Number An Employer Reference Number (ERN) or Employer PAYE Reference is a unique reference number issued in the UK by HMRC to an employer. Every organisation operating a Pay as you Earn (PAYE) schene is allocated

neg: Secretary of State for Trade and Industry v Bottrill Secretary of State for Trade and Industry v Bottrill Secretary of State for Trade and Industry v Bottrill [1999] EWCA Civ 781 is a UK company law and UK labour law case, which relates to issues such as lifting the corporate veil and the definition of "employee". Mr Bottrill was the managing director of the insolvent Magnatech UK Ltd, the fact that he was the only shareholder did not preclude his claim for unpaid wages (£346.15 a week) from the National Insurance Fund. Mr Bottrill’s sole shareholding was merely a temporary measure before the American Magnatech Group would take over

neg: Insurance in India Company Limited, New India Assurance Company Limited, National Insurance Company Limited and United India Insurance Company. By 2012 Indian Insurance is a US$72 billion industry. However, only two million people (0.2% of the total population of 1 billion) are covered under Mediclaim. With more and more private companies in the sector, this situation is expected to change. ECGC, ESIC and AIC provide insurance services for niche markets. So, their scope is limited by legislation but enjoy some special powers. The majority of Western Countries have state run medical systems so have less need for medical insurance. In the UK, for

neg: Healthcare in Belgium Healthcare in Belgium Healthcare in Belgium is composed of three parts. Firstly there is a primarily publicly-funded healthcare and social security service run by the federal government, which organises and regulates healthcare; independent private/public practitioners, university/semi-private hospitals and care institutions. There are a few (commercially run for-profit) private hospitals. Secondly is the insurance coverage provided for patients. Finally, industry coverage; which covers the production and distribution of healthcare products for research and development. The primary aspect of this research is done in universities and hospitals. Healthcare in Belgium is mainly the responsibility of the federal minister and the ""FOD Volksgezondheid

neg: Maidstone and The Weald (UK Parliament constituency) election, to be succeeded by its winner, who was Helen Grant, also a Conservative. Most of the electorate live in urban Maidstone, which has some light industry but whose economy is increasingly dominated by the service sector (including care, hospitality and insurance). The south of the constituency is rural with significant orchards and market gardens. Many residents commute daily to London. To summarise this is an urban-rural seat in a prosperous part of Kent. Maidstone and The Weald (UK Parliament constituency) Maidstone and The Weald is a constituency represented in the House of Commons of the UK Parliament since 2010

neg: National Credit Union Administration to form the modern independent federal agency that presently regulates the industry. In 1970, the renaming to National Credit Union Administration was made possible in part by the creation of the National Credit Union Share Insurance Fund (NCUSIF) to insure credit union deposits. The NCUSIF was created without any tax dollars, capitalized solely by credit unions. By 1977, services available to credit union members expanded, including share certificates and mortgage lending. In 1979, a three-member Board replaced the NCUA administrator. Congress added the finishing touches to this new administration with the addition of the Central Liquidity Facility, the lender of

neg: Reliance Insurance Limited door for establishing private insurance companies through the Insurance (Amendment) Ordinance 1984. Under the provisions of 1984 ordinance, Reliance Insurance Limited started its operation by virtue of the Certificate of Commencement of Business" issued on the 22nd of March 1988 by Registrar of Joint Stock Companies of Bangladesh. The company also enjoyed its 25th anniversary in 2014. Insurance Development & Regulatory Authority of Bangladesh (IDRA), an entity formed under the Insurance Development and Regulatory Authority Act 2010, regulates all insurance companies of Bangladesh in accordance with the Insurance Act 2010. The Company earned gross premium of BDT 2,486.85 million in

neg: Media of Bulgaria set by anti-trust legislation. The law regulates the operation of Bulgarian broadcasters and contains some provisions restricting broadcast licenses and regulates the registration of cable programmes. Several provisions aim at protecting the media environment from the entry of dubious capital. For instance, the Law establishes that businesses connected with insurance services are ineligible for applying for a broadcast license. This provision is the result of a specific feature of the Bulgarian economy, where certain insurance companies born out of structures related to the previous regime's security services sector. However, in practice, due to the weakness of the Bulgarian media market

neg: Texas Department of Insurance Texas Department of Insurance The Texas Department of Insurance (TDI) regulates insurers and other companies that conduct insurance business in Texas, and assists Texas-based insurance consumers. TDI was founded in 1876 as the Department of Insurance, Statistics and History. The agency is headquartered at the William P. Hobby State Office Building at 333 Guadalupe Street in Austin, Texas, United States. The Texas Department of Insurance (TDI) Fraud Unit is the state law enforcement agency responsible for enforcing laws relating to fraudulent insurance acts In the United States, insurance fraud is the second most costly white-collar crime next to tax evasion.

neg: New Jersey Department of Banking and Insurance solvency of state-chartered banks and savings & loan institutions while also enforcing actions against those in violation of the department’s regulations. The division also processes and reviews applications by depository institutions for new charters, branches, relocations, plans of acquisition, mergers, bulk sales, stock conversions and auxiliary offices. The Office of Consumer Finance conducts similar financial solvency examinations on credit unions and also regulates and responds to complaints relating to a number of different types of licensed lenders, which include: The Real Estate Commission, which is located within the Division of Banking, ensures that members of the real estate industry comply

neg: Buchan v Secretary of State for Trade and Industry the Employment Appeal Tribunal held the purpose of the legislation is not to help people whose businesses have failed. Therefore, he upheld the tribunal, that the directors could not claim reimbursement from National Insurance. Buchan v Secretary of State for Trade and Industry Buchan and Ivey v Secretary of State for Trade and Industry [1997] IRLR 80 is a UK insolvency law and labour law case, concerning the protection of employees' salaries on their employer's insolvency. Two directors held the company’s shares. They made a claim against the National Insurance Fund, for statutory redundancy under the Employment Protection (Consolidation) Act

neg: Australian insurance law of insurance law. The "Insurance Act 1973" (Cth) sets minimum capital and solvency requirements for companies wanting to enter or operate in the insurance market. Chapter 7 of the "Corporations Act 2001" (Cth) regulates the way in which insurers and insurance agents and brokers carry on business and how they deal with the people they do business with and intend to do business with. The "Insurance Contracts Act 1984" (ICA) applies to most insurance contracts with an Australian connection and is intended to ensure that a fair balance is struck between the interests of the insurer and the insured. The

neg: Protection and indemnity insurance 1980, the 1989 International Salvage Convention permitted salvage rewards to be made to salvors who acted to limit damage to the coastal environment after oil spills. Articles 13 & 14 of the Convention made provision for "Special Compensation", but the UK House of Lords case of the "Nagasaki Spirit" revealed that the Convention had been poorly drafted, thereby limiting the amount that environmental salvors could be paid to mere "out-of-pocket expenses", with no allowance for any profit margin. As an antidote to this, the marine insurance industry and P&I Clubs jointly developed the "SCOPIC clause", which is a codicil that

neg: Khuda Buksh total policies written by all Pakistani insurance companies, thereby increasing the revenues of the insurance industry and leading to the growth of capital and investment opportunities in the country. This development in the insurance industry signaled a significant shift in the culture: the life insurance industry had overcome ingrained religious beliefs in less than two decades. Fundamentalist propaganda diminished and "People of all backgrounds and income levels stopped viewing insurance as an invitation for their early demise and began to see it as protection for their families." Members of the general population who had once avoided insurance agents now came

neg: National Inspection Council for Electrical Installation Contracting Homes are wired in a ring circuit. To be an approved contractor, the electrician must: National Inspection Council for Electrical Installation Contracting The National Inspection Council for Electrical Installation Contracting (NICEIC) is one of several organisations which regulates the training and work of electrical enterprises in the UK. The NICEIC is one of several providers given Government approval to offer Competent Person Schemes to oversee electrical work within the electrical industry. Certsure LLP (which is owned by Electrical Safety First, a registered charity, and the Electrical Contractors’ Association (ECA), the electrotechnical industry trade body) trades under the certification brands NICEIC

neg: National Inspection Council for Electrical Installation Contracting National Inspection Council for Electrical Installation Contracting The National Inspection Council for Electrical Installation Contracting (NICEIC) is one of several organisations which regulates the training and work of electrical enterprises in the UK. The NICEIC is one of several providers given Government approval to offer Competent Person Schemes to oversee electrical work within the electrical industry. Certsure LLP (which is owned by Electrical Safety First, a registered charity, and the Electrical Contractors’ Association (ECA), the electrotechnical industry trade body) trades under the certification brands NICEIC and ELECSA. From 1923, an earlier organisation, the National Register of Electrical Installation Contractors, kept

neg: Groupama Groupama Insurances was created by the merger of Lombard Insurance Company Limited and Gan Insurance Company Limited, when the parent companies, namely Groupama (who owned Lombard) and Gan in France, were brought together in 1999. The group's Groupama Insurances United Kingdom division is one of the major insurance companies in the UK, with a head office in London. It has branches in Croydon, Manchester, Portsmouth, Borehamwood, and Letchworth, following its acquisition of Clinicare Insurance in 2005. The UK group offers motor, home and health insurance and also provides insurance protection to a growing number of smaller UK businesses. The company

neg: McCrone report national insurance and corporation tax from supply companies in 2011-12. As of 2012, around 45% of UK oil & gas employees were located in Scotland. The North Sea oil and gas industry as a whole contributed £35 billion to the UK Treasury in 2014. In his evidence to the Lords Committee on the Economic Implications of Scottish Independence in 2012, Professor McCrone stated that Scotland's GDP would increase by around 20% if North Sea oil were counted as part of it. In an interview for Holyrood Magazine on the 19th of May 2013, ex-Labour chancellor Denis Healey (who served in

neg: Xchanging and the Liberty Mutual Xchanging works with large organisations in processing areas such as HR, accounting and procurement, as well as industry specific processing such as securities processing and insurance claims processing. Although the list of back-office processes which could be transformed is non-exhaustive. Xchanging provides services across industries. Xchanging provides industry specific processing for:- Xchanging has offices in ten principal locations - Australia - Insurance and Procurement, France - RTO and Nasdaq, Italy - Monetary Policy and Compensation, Germany, India, Japan, Malaysia, Singapore, the UK and the United States. On Prime Minister David Cameron's visit to India in July

neg: Pool Re Pool Re Pool Reinsurance Company Limited, also known as Pool Re, was set up in 1993 by the insurance industry in cooperation with the UK Government in the wake of the IRA bombing of the Baltic Exchange in 1992. Pool Re is a mutual reinsurer whose members comprise the vast majority of insurers and Lloyd’s Syndicates which offer commercial property insurance in the UK, with membership of the scheme affording them a guarantee which ensures that they can provide cover for losses resulting from acts of terrorism, regardless of the scale of the claims. The Scheme, which was the first

neg: European windstorm "windstorms" within academia and the insurance industry. The name "European windstorm" has not been adopted by the UK Met Office in broadcasts (though it is used in their academic research), the media or by the general public, and appears to have gained currency in academic and insurance circles as a linguistic and terminologically neutral name for the phenomena. In contrast to some other European nations there is a lack of a widely accepted name for these storms in English. The Met Office and UK media generally refer to these storms as "severe gales". The current definition of severe gales (which

neg: Carole Nash samples to hospitals up and down the UK. The company operates its own motorcycle news, guide and advice site, entitled Insidebikes. The site provides motorcycle-related news covering industry news, consumer issues and sport news from the MotoGP, World Superbikes and British Superbikes championships. A number of guides on new products, models and owning and riding advice are also featured. Carole Nash has been awarded a number of awards, including: Carole Nash Carole Nash is a motorcycle insurance brokers in the UK and Ireland. The company also provides insurance cover for classic cars and performance vehicles, as well as campervans. In

neg: Texas Department of Insurance a TDI Fraud Unit criminal investigator has completed a criminal investigation, the case is referred to a County, District and/or U.S. Attorney in order to seek indictment and prosecution. The TDI Fraud Unit employs criminal investigators, prosecutors, and crime analysts. Texas Department of Insurance The Texas Department of Insurance (TDI) regulates insurers and other companies that conduct insurance business in Texas, and assists Texas-based insurance consumers. TDI was founded in 1876 as the Department of Insurance, Statistics and History. The agency is headquartered at the William P. Hobby State Office Building at 333 Guadalupe Street in Austin, Texas, United States.

neg: Health care rationing Emergency Medical Treatment and Active Labor Act of 1986 requires any properly equipped hospital receiving Medicare funds (nearly all private hospitals) to provide emergency healthcare regardless of citizenship, immigration status, or ability to pay. The government also regulates insurance policies, requiring coverage for some items and controlling the rules for who is eligible and what they can be charged. The 2010 Patient Protection and Affordable Care Act (known as the PPCA or Obamacare) contained many changes to these regulations, including the first requirement that all Americans purchase health insurance (starting in 2014), which significantly changed the calculus of rationing decisions,

neg: McCarran–Ferguson Act McCarran–Ferguson Act does not itself regulate insurance, nor does it mandate that states regulate insurance. It provides that "Acts of Congress" which do not expressly purport to regulate the "business of insurance" will not preempt state laws or regulations that regulate the "business of insurance." Specifically with respect to federal antitrust laws it exempts the "business of insurance" as long as the state regulates in that area, with the proviso that cases of boycott, coercion, and intimidation remain prohibited regardless of state regulation. By contrast, most other federal laws will not apply to insurance whether the states regulate in that

neg: Markel Corporation Omaha, Nebraska. In April 2011, Markel (UK) Limited launched Markel Direct, an online direct to customer distribution channel for specialist insurance. On January 4, 2012, Markel Corp. completed the acquisition of Thompson Insurance Enterprises, a privately held program administrator underwriting multi-line, industry-focused insurance programs. In February 2012, Markel's Camp Insurance Program joined forces with CampDoc.com, an electronic health record system for camps, to help summer camps reduce risk and liability and to ensure the health and safety of kids while at camp. In June 2012, Markel Direct expanded product range into charity and community group risks. In October 2012, Markel

neg: Australian insurance law The Australian Competition and Consumer Commission (ACCC) also has a regulatory role with respect to competition law. In certain states, various bodies also have powers in regulating certain types of statutory insurance. For example, in New South Wales the Motor Accidents Authority regulates Compulsory Third Party motor liability insurance. In many cases these bodies have powers regarding premium rating and reinsurance rules. The formation of an insurance contract is governed by ordinary contractual principles however, as a commercial contract, a policy of insurance should be given a businesslike interpretation "having regard to the language used by the parties, the commercial

neg: Association of Nail Technicians Technicians was the first organisation to offer an insurance scheme with a policy designed specifically for nail technicians. Association of Nail Technicians The Association of Nail Technicians commonly referred to as ANT, is a UK trade association,which represents the UK's nail industry on behalf of its members. They are the main trade association within the UK nail industry. ANT gives advice to nail technicians as well as help to new start ups from all around the UK.It also runs a register of all the UK's nail technicians which confirms if they are insured. The Association works with various UK councils

neg: Zylog Systems Services, SAP Services, Waste Management/Recycle Software and Industry Solutions for various verticals including Banking, Insurance, Telecom, Healthcare and Field Service. ZSL provides complete product lifecycle management services, ranging with new product development, product migration, re-engineering, sustenance and support. ZSL has offices in North America (Canada, US), Europe (UK, Switzerland, France, Germany), Asia (Singapore) and a Middle East office in Dubai, UAE and is listed in NSEI(National Stock Exchange India) ZSL has made several acquisitions over the years. In 2004 it acquired IMPEKsoft and JDAN Systems. In 2007 it acquired EWAK Soft. In 2007 it acquired UK based insurance software provider,

neg: Wedding industry in the United States Problems a couple knew about before taking out the policy are not covered and almost all insurers will not cover cancellations that are due to "cold feet". Currently, only one company does and it can only be purchased by the person who finances the wedding, not the Bride or Groom, and only applies if the wedding is cancelled more than 180 days before. Wedding insurance is becoming increasingly popular in other countries, including Australia, New Zealand and the UK. The UK is very different with quite a few big name providers. Costs of bachelor and bachelorette parties depend upon what

neg: Robin Ingle Robin Ingle Robin Ingle is a Canadian entrepreneur and a specialist in special risk insurance, travel security and healthcare who currently serves as the chairman and CEO of the Ingle Group of Companies. Ingle has been in the insurance industry for over 38 years. He is frequently consulted by the media and the insurance industry as an authority on travel insurance, global security and health care issues. Since 1994, Ingle has been recognized in the "Canadian Who's Who", a biographical reference publication. He was included in the "Canadian Who's Who 2012-2013 Print Edition". Ingle was born in Toronto, Ontario to

neg: Speed limits in the United States theory, safety problems require a speed lower than what is self-selected by drivers. Examples include: Some states create arbitrary night speed limits applicable to entire classes of roads. Until September 2011, Texas had a statutory night speed limit for all roads with a higher limit. Montana has a statutory night speed limit on all federal, state, and secondary roads except for Interstates. Traffic violations can be a lucrative income source for jurisdictions and insurance companies. For example: Thus, an authority that sets and enforces speed limits, such as a state government, regulates and taxes insurance companies, who also gain revenue

neg: United States labor law plans. It held a case under Texas law for damages for denying vesting of benefits was preempted, so the claimant only had ERISA remedies. It struck down a Washington law which altered who would receive life insurance designation on death. However, under §1144(b)(2)(A) this does not affect 'any law of any State which regulates insurance, banking, or securities.' So, the Supreme Court has also held valid a Massachusetts law requiring mental health to be covered by employer group health policies. But it struck down a Pennsylvania statute which prohibited employers becoming subrogated to (potentially more valuable) claims of employees for

neg: Insurance industry in China debates on public policy issues; and also acts as an advocate for high standards of customer service in the insurance industry. IAC has four working committees which are Life Insurance Working Committee, General Insurance Working Committee, Insurance Agency & Broker Working Committee, Actuarial Working Committee. The IIC is the nationwide academic association for research and policy analysis in insurance industry. It offers two publications: "Insurance Information" (Biweekly) and "Insurance Studies" (Monthly) This is a list of major insurance companies in China. General insurance topics: Insurance systems in other countries: Insurance industry in China The Chinese insurance industry has experienced rapid

neg: Swinton Insurance Swinton Insurance Swinton Insurance is a UK insurance retailer that was established in 1957. It has a network of branches across the United Kingdom and in excess of 1,500 employees. The company offers a range of insurance products from a panel of UK insurers covering car, bike, home, commercial, taxi and caravan insurance. Swinton was founded in 1957 by Ken Scowcroft (born 1928) who began the car insurance brokerage business from the front room of his semi-detached house in Swinton, Greater Manchester. The first premium cost just over £5, and in the first year, he sold around 100 policies to

neg: Health Insurance Portability and Accountability Act insurance coverage for workers and their families when they change or lose their jobs. Title II of HIPAA, known as the Administrative Simplification (AS) provisions, requires the establishment of national standards for electronic health care transactions and national identifiers for providers, health insurance plans, and employers. Title III sets guidelines for pre-tax medical spending accounts, Title IV sets guidelines for group health plans, and Title V governs company-owned life insurance policies. There are five sections to the act, known as titles. Title I of HIPAA regulates the availability and breadth of group health plans and certain individual health insurance policies.

neg: Economy of Birmingham in the UK according to the QS World University Rankings. Scientific research including research into the controversial nano technology at the University of Birmingham, is expanding in the city and will possibly play a part in the city's economic future. In 2011, Birmingham's financial and insurance services industry was worth £2.46 billion, the 4th largest in the United Kingdom after London, Edinburgh and Manchester. The city also had the fourth largest number of employees in the financial and insurance sector after London, Leeds and Glasgow, with more than 111,500 people employed in banking, finance and insurance, translating to 23% of

neg: ActivTrades its portfolio for UK-based clients. In 2013, ActivTrades implemented its Negative Balance Protection Policy and a separate insurance protection as excess to the FSCS insurance. This policy is underwritten by QBE Underwriting Limited and other participating syndicates at Lloyd’s of London. The launch of the Smart Tools, a series of add-ins for its trading platforms, followed later that year. In 2015, ActivTrades launched its own Prepaid Master Card. In 2016 the company launched its proprietary trading platform ActivTrader. In 2017, ActivTrades strengthened its client insurance protection to £1.0 million, one of the highest in the industry. ActivTrades is headquartered in

neg: Medical indemnity escalating claims. There is a strong spirit of both cooperation and healthy competition in the industry”. Medical indemnity In Australia it is a mandatory requirement for registered healthcare practitioners to hold appropriate medical indemnity insurance cover for healthcare practice in Australia. Medical indemnity is a form of professional indemnity cover defined by Australian legislation – the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 and is a type of general insurance (see Insurance in Australia). In the UK, this type of professional indemnity for healthcare practitioners is generally referred to as ‘professional indemnity’ and in the USA, as ‘medical

neg: Association of British Insurers in membership. Between them, they provide 90% of domestic insurance services sold in the UK. ABI member companies account for almost 20 per cent of investments in London's stock market. Its members are major tax contributors, paying £10.4 billion in the 2010 / 2011 tax year. The organisation is funded by members' subscriptions. Its offices are at One America Square, 17 Crosswall, City of London, EC3N 2LB. The ABI employs around 100 people. The association is a member of Insurance Europe The ABI represents the collective interests of the UK's insurance industry. The Association speaks out on issues of common

neg: NFU Mutual contributed to the early growth of the NFU and NFU Mutual. Life insurance cover was introduced during the 1920s. Although originally providing insurance only for members of the National Farmers Union, the mutual diversified outside of the farming industry during the 1980s. Over half of the policies by number now originate outside of the farming community. NFU Mutual currently trades within only the UK, Channel Islands and Isle of Man. From 1948 to 1966, it offered insurance in Rhodesia (now Zimbabwe and Zambia), Kenya and Tanganyika (now in Tanzania). In 1954 the NFU Mutual orchestrated the building of the new

neg: Adam Lyons in the insurance industry, starting at Lloyd's of London as a broker and underwriter. Later, he worked as an underwriter for All Risks Insurance, one of the largest US insurance wholesalers. In 2012, Lyons founded The Zebra. Lyons began to look for investors for the new business venture and partnered with Mark Cuban, after pitching the startup over an email. Later, Cuban noted he liked the concept of The Zebra and commented on Lyons' succinct writing style. Adam also partnered with Mike Maples, Jr., an early investor in Twitter and Lyft of Floodgate Fund, UK billionaire Simon Nixon of Moneysupermarket.com.

neg: Health in Ghana when seeking the mandate of the people in the 2000 elections, promised to abolish the “cash and carry system” of health delivery. Upon becoming president, former president Kufuor pushed through his idea of getting rid of “cash and carry” and replacing it with an equitable insurance scheme that ensured that treatment was provided first before payment. In 2003, the scheme was passed into law. Under the law, there was the establishment of National Health Insurance Authority which licenses, monitors and regulates the operation of health insurance schemes in Ghana. Like many countries in the world, Ghana's health insurance was fashioned

neg: Nextbase UK they owned a Nextbase dash cam. Since then, various other insurance providers have followed suit, including AXA, who, in late 2014, began offering a discount of 10% to customers with a dash cam. In February 2015 Nextbase contacted 29 major UK insurers, to get their views on dash cams. All of the insurers contacted said that they would accept dash cam evidence in the event of claim. In June 2016, Nextbase agreed a deal with commercial insurance specialists Constructaquote.com, to offer reduced insurance to commercial van drivers and owners of fleets across the UK, who could benefit from 15% off

neg: Insurance law by regulatory bodies, or in a lawsuit by the insured or surrounding party. In more severe cases, or if the party has had a series of complaints or rulings, the insurer's license may be revoked or suspended. It should be noted that bad faith actions are exceedingly rare outside the United States. Even within the U.S. the full rigor of the doctrine is limited to certain states such as California. Every developed sovereign state regulates the provision of insurance in different ways. Some regulate all insurance activity taking place within the particular jurisdiction, but allow their citizens to purchase insurance

neg: National Security Inspectorate for Security Systems (NACOSS). The Inspectorate of the Security Industry (ISI), which had formed in 1992, merged with NACOSS in 2001 to become the NSI. Around 16 million people in the UK do not have home and contents insurance on their property. It offers product certification, industry training and examination. It offers services similar to that of the National Inspection Council for Electrical Installation Contracting (NICEIC) for electricians. It is the main product certification organisation in the UK for home security equipment such as burglar alarms and smoke alarms. It also provides certification for approved installers of home security equipment,

neg: US Travel Insurance Association cultivate government relations on behalf of the travel insurance industry. The Association's goals are to: create uniform and fair regulations for the industry; develop consistent licensing standards for agents who market travel insurance and assistance services; and serve as an advocate for the travel insurance industry. In accordance with the organization’s mission and goals, UStiA created a consumer advocacy website, TRIP, in 2010. The acronym TRIP stands for Travel Responsibly, Informed and Protected. TRIP provides timely travel information and articles, tips and links on issues concerning travel health, safety, and security. Member companies must adhere to UStiA's standards of ethical

neg: QBE Insurance heightened insurance risk of borrowers who aren’t paying for their own insurance. Opponents of the product consistently provide statistics in opposition to these statements, citing kickback payouts and loss ratios that are much lower than the rest of the insurance industry. Force-placed insurance policies fell under regulatory scrutiny when the New York State Department of Financial Services (DFS) launched an investigation into the lender-placed insurance industry that has so far led to settlements with QBE and Assurant Although testimony in these hearings discussed "Reverse Competition" and kickbacks from Assurant to its banking clients, In response to the settlement, DFS Superintendent

neg: Peter Wood (businessman) Peter Wood (businessman) Sir Peter John Wood (born Surrey, c.1946) is an English entrepreneur, most notable as the founder of the Direct Line and Esure insurance companies. In 2009 he was the 438th wealthiest person in Britain with a personal fortune of £120 million, according to the Sunday Times Rich List 2009, and his activity in the past twenty years has given him a good reputation within the insurance industry. In 1985 he and Martin Long launched Direct Line, the first telephone-only insurance company in the UK. The venture was underwritten by the Royal Bank of Scotland, and within nine