Brokers' Insurance Act workarounds worry underwriters

Underwriters and their representatives have warned that brokers
are routinely watering down the UK Insurance Act to relieve clients
from some of the new law's more onerous requirements.
The Lloyd's Market Association (LMA)'s legal chief
predicted that such policy ad-libbing could lead to higher costs,
more litigation and lower standards, while his peer at the
International Underwriting Association (IUA) called brokers'
pick-and-mix stance a major concern for its members.
At issue is the act's "d