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More than 600 ‘ambulance chasers’ register with FCA

The FCA has revealed more than 600 so-called ‘ambulance chaser’, or claims management companies (CMCs), have registered with the authority.


‘Ambulance chasers’ must register to continue operating

Claims management companies (CMCs) - so-called ‘ambulance chasers’ - can now register for the temporary permission they need to operate when the FCA takes over regulation.


FCA says regulating ‘ambulance chasers’ to cost £17m

The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.


Claims management companies strike lucky on PPI claims

Over half of the £136m in payments to those mis-sold payment protection insurance are to consumers who have used a claims management companies (CMCs). Read more...
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