EU seeks an overhaul of insurance practices

Article Abstract:

The European Commission is calling on insurance companies to either justify or reform two practices it deems problematic for antitrust standards. The first is the industry's practice of aligning premiums involving large risk contracts, which EU officials believe could foster higher prices. The second involves insurance broker contingent commissions, which EU officials consider conflicts of interest.

Legal issues & crime, Government regulation (cont), Government expenditures, Government domestic functions, Government regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, INSURANCE CARRIERS, Antitrust Law, Legal/Government Regulation, Conflict of Interest, Laws, regulations and rules, Insurance industry, Economic policy, European Union. European Commission, Conflict of interests (Agency), Antitrust issue, Domestic policy, Conflicts of interest

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ECB keeps its focus on inflation: bankers signal rates could move higher; euro isn't a threat

Article Abstract:

The European Central Bank continues to monitor inflation but is not concerned regarding a new high for the euro against the US dollar. The euro reached $1.3787 amid growing wariness about the stability of the US credit market. Speculation is that interest rates may rise.

Public Finance Activities, Product standards, safety, & recalls, Management dynamics, Fiscal Policy, Capital funds & cash flow, Standards, Management, Influence, Inflation (Finance), Comparative analysis, Economic indicators, Valuation, Company business management, European Union. European Central Bank, Inflation (Economics)

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Finance ministers, central bankers weigh euro's fate

Article Abstract:

Central bankers and finance ministers in Europe are meeting to discuss the possibility of cutting interest rates. The officials are also considering efforts to slow the euro's increase against the US dollar.

Conferences, meetings and seminars, Europe, Central banks

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