GISC calls halt to claims consultation.
The General Insurance Standards Council has called a temporary halt to consultation on the regulatio...
The General Insurance Standards Council has called a temporary haltto consultation on the regulation of claims handling procedures while it
waits for the Association of British Insurers to complete the wording of
its Claims Code.
Chris Woodburn, GISC chief executive, said: "We decided to delay our
consultation on this issue so that the ABI could continue its work
undisturbed." He stressed that the GISC was still open to the idea of
regulating claims procedures in the future.
The GISC has made two
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