Tag Results
CMC loses licence after 40m nuisance calls in three months
Tuesday, 12 January 2016A claims management company which made 40m nuisance calls in only three months has had its license revoked by the Claims Management Regulator. Kevin Rousell, head of the CMR, said the firm “demonstrated the worst excesses” of the industry.
Tags: claims management companies, claims management regulator, Ministry of Justice, personal injury
Posted in Latest news
CMCs using “special arrangements” with banks to avoid investigating PPI cases
Friday, 15 August 2014Some claims management companies (CMCs) are using special pre-submission arrangements with the major banks to avoid investigating PPI cases, it has emerged.
Tags: claims management companies, claims management regulator, PPI
Posted in Latest news, Regulation
Smaller CMCs ‘hit hardest by market changes’
Friday, 1 August 2014Smaller claims management companies (CMCs) have been hit hardest by market changes such as the ban on referral fees, it has emerged.
Tags: claims management companies, claims management regulator, referral fees
Posted in Latest news, Regulation
65 CMCs warned over referral fee ban compliance in first quarter of 2014
Wednesday, 9 July 2014The Claims Management Regulator has warned over 65 claims management companies about their compliance with the referral fee ban in the first three months of this year, it has emerged.
Tags: claims management companies, claims management regulator, mystery shopping, referral fees
Posted in Latest news, Regulation
SRA refuses to licence ABSs aiming to circumvent referral fee ban
Friday, 13 September 2013The Solicitors Regulation Authority has rejected potential alternative business structures on the basis that the aim was really to continue illegal referral fee arrangements, it emerged this week.
Tags: claims management companies, claims management regulator, personal injury, referral fee ban, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Grant: primary legislation needed to transfer CMC complaints to Legal Ombudsman
Friday, 6 September 2013Primary legislation will be required to bring complaints against claims management companies within the remit of the Legal Ombudsman, the government has admitted for the first time.
Tags: claims management companies, claims management regulator, Legal Ombudsman, LeO
Posted in Latest news, Legal Ombudsman
Legal Services Board “fears legal challenge” over Legal Ombudsman compromise
Friday, 26 July 2013The Legal Services Board fears a successful legal challenge should it accept the compromise aimed at resolving the impasse over moving the handling of complaints about claims management companies to the Legal Ombudsman, Legal Futures has learned.
Tags: claims management companies, claims management regulator, Legal Ombudsman, Legal Services Act, Legal Services Board, LeO
Posted in Latest news, Legal Ombudsman, Legal Services Board
PI lawyers unite against “unacceptable” SRA position on inducements to clients
Wednesday, 3 July 2013Personal injury solicitors have urged the Solicitors Regulation Authority (SRA) to rethink its “unacceptable” refusal to ban inducements to claim. It comes as actuaries have warned that “claims farming is on the increase”.
Tags: claims management regulator, personal injury, Solicitors Regulation Authority
Posted in Latest news, Marketing & PR, Solicitors
SRA and claims regulator dismiss Law Society speculation of referral fee ban “difficulty”
Wednesday, 9 January 2013The Solicitors Regulation Authority and the Claims Management Regulator have dismissed a Law Society suggestion that they will not be ready to implement the referral fee ban on 1 April. The society said there was a possibility the pair “may have some difficulty” in doing so.
Tags: claims management companies, claims management regulator, Law Society, referral fees, Solicitors Regulation Authority
Posted in Latest news, Solicitors