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OFT competition investigation results in formal commitments from motor insurers to limit data exchange
- Edwards Wildman Palmer LLP
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- United Kingdom
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- January 20 2011
The UK Office of Fair Trading (OFT) announced on 13 January 2011 that seven insurance companies (Ageas Insurance Limited (formally Fortis Insurance Limited), Aviva plc, AXA Insurance UK plc, Liverpool Victoria Friendly Society, RBS Insurance Group Limited, Royal Sun Alliance and Zurich Insurance plc), and two IT software and service providers (Experian Limited and SSP Limited) have offered formal commitments to limit the type of information shared through a specialist market analysis tool
OFT to launch market study into private healthcare
- Edwards Wildman Palmer LLP
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- United Kingdom
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- December 21 2010
On 14 December 2010, the UK's Office of Fair Trading (OFT) announced that it is to undertake a study of competition in the UK private healthcare market
Competition Commission confirms its point of sale prohibition in respect of payment protection insurance
- Edwards Wildman Palmer LLP
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- United Kingdom
- -
- November 3 2010
In a report published in January 2009, the Competition Commission proposed a prohibition on the sale of payment protection insurance policies (PPI) at the point of sale (see our earlier blogs on the topic, including here
Government announces plans to change institutional framework for the enforcement of competition (antitrust) and consumer protection law
- Edwards Wildman Palmer LLP
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- United Kingdom
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- October 27 2010
On 14 October 2010 the UK Government announced its intention to change the institutional framework for enforcement of competition (antitrust) and consumer protection law in the UK
Commission announces investigation into international group of P&I clubs
- Edwards Wildman Palmer LLP
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- European Union
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- August 27 2010
On 26 August 2010, the European Commisson (the Commission) opened a competition investigation into the maritime insurance sector, in particular the agreements between the Protection & Indemnity (P&I) Clubs within the International Group of P&I Clubs (the International Group), a worldwide association of thirteen P&I Clubs
Third Circuit revives limited portions of in re: insurance brokerage antitrust litigation (MDL 1663)
- Edwards Wildman Palmer LLP
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- USA
- -
- August 18 2010
Nearly three years after a federal district court dismissed with prejudice a nationwide class action alleging antitrust and RICO claims against insurers and brokers in connection with contingent commission arrangements, the Third Circuit Court of Appeals has revived a limited swath of plaintiffs' claims
Financial Services Authority confirms payment protection insurance measures
- Edwards Wildman Palmer LLP
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- United Kingdom
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- August 13 2010
On 10 August 2010, the Financial Services Authority published a Policy Statement confirming its package of measures to protect consumers of payment protection insurance (PPI
New Senate bill introduced that will expand authority of the Federal Trade Commission to monitor insurers
- Edwards Wildman Palmer LLP
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- USA
- -
- August 5 2010
On August 2, 2010, United States Senators Mark Pryor (Ark.-D) and John D. Rockefeller IV (W.V.-D) introduced the Insurance Competition and Transparency Act of 2010 (S. 3685), which will remove restrictions on the Federal Trade Commission’s (the “FTC”) authority to review market activity in the insurance industry. S. 3685 was referred to the Senate Commerce, Science and Transportation Subcommittee on Consumer Protection, Product Safety and Insurance
Competition Commission consults on changes to the way retail payment protection insurance is sold
- Edwards Wildman Palmer LLP
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- United Kingdom
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- August 2 2010
On 29 July 2010, the Competition Commission published for consultation its provisional decision on remedies in relation to retail payment protection insurance (PPI
Regulation - the British Insurance Brokers Association response to the Competition Commission's decision on Payment Protection Insurance
- Edwards Wildman Palmer LLP
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- United Kingdom
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- July 6 2010
The British Insurance Brokers Association (BIBA) has written a letter dated 24 June 2010 responding to the Competition Commission's (CC) provisional decision of 14 May 2010 in relation to how Payment Protection Insurance (PPI) is sold
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- Workarea - Competition
- Author - Jeanne Kohler
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