Claims
Boeing 787 grounding claims could prove costly
All Nipon Airways has estimated the grounding of its 17 Boeing 787 aircraft has had a ¥1.4bn (£9.6m) impact on its revenue between 16 to 31 January.
Tropical cyclone Oswald writes off Bundaberg homes
Homes in the city of Bundaberg, Queensland are likely to be a total loss following the passage of Tropical cyclone Oswald according to Cunningham Lindsey
Australia claims in 2013 top AUS$670m
Four disasters across Australia in 2013 are expected to cost insurers more than AUS$670m as claims continue to come in.
CMC closed and two fraudsters behind bars following IFB investigation
A claims management company has been shut down and two fraudsters jailed after the Insurance Fraud Bureau and Metropolitan Police exposed a ‘crash for cash’ fraud ring worth potentially millions of pounds.
Crawford makes double hire on UK general property team
Loss adjuster Crawford & Company has recruited a new operations manager and field team manager on its UK general property team.
Report reveals identity of 'best and worst' claims teams of 2012
A report into which insurers possessed the best and worst performing claims teams last year has been published - with Catlin in the top spot and Zurich and RSA languishing at the bottom of the table.
Axis acquisition to drive international expansion at York
York Risk Services Group has acquired loss adjuster Axis as part of the company’s plans to expand international growth.
Indonesia begins tsunami shelter construction
The Indonesian government has allocated 16 trillion rupiah ($1.6bn) to build shelters and support areas that are early affected by tsunami-related disasters.
Your say: Don’t tar all with the same brush
While Post’s story on the ruling in Webster Dixon v Equity Syndicate Management and Motor Plus on non-panel law firm rates charged for before-the-event legal expenses work highlights the importance of the decision for before-the-event insurers (‘Judge…
Editor's comment: The no competition commission
You learn something new every day, or so the saying goes. Well I certainly learnt something new this week, along with several PRs — judging from the responses I got.
Efra chair pushes alternative flood-risk proposal as SoP pressure mounts
The possibility of using a proportion of insurance premium tax to subsidise a pool of last resort for flood-prone homeowners has been championed by the chair of the Environment, Food and Rural Affairs Committee.
Career File: Ben Fletcher lands IFB director role
The Insurance Fraud Bureau has appointed head of operations Ben Fletcher as its new director.
Confusion over Autofocus retrials
Solicitors have called for clarity over settled Autofocus claims after the Court of Appeal found cases that relied on dishonest evidence provided by Autofocus should be retried.
ABI slammed for using failed argument to derail Welsh asbestos Bill
The Association of British Insurers has been criticised for fighting a proposed asbestos recovery costs Bill in Wales with a failed argument already overturned in Scotland.
Politicians seek MoJ talks after insurers warn portal delay could hit consumers
Insurers have warned politicians any delay in extending the remit of the Road Traffic Accident Portal could see consumers picking up the bulk of an expected multi-million pound bill.
Penny Black's insurance week
Penny loves to see a bit of initiative, and what could be more proactive than penning a letter to the editor of a trade magazine as a step towards gaining entry to the sector?
View from the Top: Sending a message
Tougher sentencing in insurance fraud cases can act as a deterrent to potential fraudsters, says Ron Smith-Wright.
Small claims limit for PI likely to rise above £5 000 says Grayling
Justice Secretary Chris Grayling has confirmed the small claims limit for personal injury claims is likely to be increased from the current £1 000 to £5 000.
Solar storms could spark hefty insurance payouts in 2013, claims report
An Aon Benfield report claims that extreme solar weather over the next twelve months could lead to significant disruption to business communication systems, resulting in large insurance claims.
Elite to refer Sabre to FSA over 'dirty tricks' letter campaign
After the event insurer Elite has confirmed it will be referring motor insurer Sabre to the regulator over what it describes as a “dirty tricks campaign” to convince claimants to cancel ATE policies.
Vamco claims outsourced motor ‘first' as it gains ABS approval
Outsourced motor insurance claims specialist Vamco has been granted approval to operate its own in-house law firm.
CMCs process £89m of the £136m FSCS paid in PPI claims
The Financial Services Compensation Scheme has paid out almost £136m in miss-sold pay protection insurance claims since 2008, with over £89m going through claim management companies.
Cunningham Lindsey director Jonathan Clark departs to join Scor
Cunningham Lindsey UK technical director Jonathan Clark has left the recently recapitalized loss adjuster to join French reinsurance group Scor.
Foil CEO and Cunningham's Roberts join Camford Sutton
Claims consultancy Camford Sutton has enlisted Foil CEO Laurence Besemer to serve as one of its associates.