AA
Home and motor premiums continue downward slide in Q1
Home insurance premiums continued to fall in the first quarter of 2014, despite the winter flooding and storms that affected many parts of the UK, according to the latest AA British Insurance Premium Index.
Biba and Acturis price index shows 5.5% drop in Q1 rates
Consumers paid 5.5% less on insurance in the first quarter of the year compared with Q1 2013, according to the British Insurance Brokers’ Association and Acturis’ insurance price index.
Firms deny dodging referral fee ban as select committee prepares ABS report
MP concerned insurers are using alternative business structures to circumvent ban.
AA survey highlights pothole 'crisis' as claims skyrocket
AA president Edmund King is calling on politicians to recognise the “crisis” impacting UK roads after a survey by his organisation showed that a rising number of motorists rate local roads as being in a ‘terrible condition’.
Household: On steady ground?
How is the household insurance market coping with the cost of claims from extreme weather events and the aggregator‑induced focus on pricing?
Insurers reject campaign to include previous premiums on renewal letters
Swiftcover is only firm in Which? survey to inform customers of last year’s price.
Vehicle Technology: End of the driver?
At the Consumer Electronics Show in Las Vegas, nine motor manufacturers exhibited autonomous car prototypes. What does this technological leap mean for the future of motor insurance?
Flood losses not expected to arrest premium decline, claims Moody's
Widespread flooding over the Christmas period is unlikely to reverse the decline in property insurance premiums, despite the impact of the adverse weather conditions negatively affecting insurer’s earnings, according to Moody’s.
Laurent Matras return expected to result in Axa personal lines overhaul
The return of former Groupama boss Laurent Matras to Axa may herald a shake-up of the insurer’s personal lines business, according to market observers.
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
AA Insurance becomes Biba member
AA Insurance has become a member of the British Insurance Brokers’ Association with several of its staff set to join the trade body’s committees.
ABI’s Evans slams lack of political courage on young drivers
The Association of British Insurers has condemned stalled progress on a government green paper investigating updated rules for young drivers.
Sliding motor premiums to halt soon, says AA
Continued falls in motor insurance premiums will like cease in the near future according to the AA.
Isle of Sheppey crash culprits offered alertness courses
Drivers responsible for a pile-up on the Isle of Sheppey Crossing that left eight people with severe injuries have been offered driver alertness courses as opposed to facing prosecution through the courts.
Gender Directive: One year on
Just over 12 months after its implementation, has the Gender Directive impacted the industry as strongly as expected? And what has it meant for the progress of telematics?
Female motorists unlikely to suffer renewal hikes, claims AA boss
Falling premiums within the motor market will mask the worst effects of the European Court of Justice’s gender ruling for young women renewing their car insurance in 2014, according to the AA’s director of insurance.
Christmas storms unlikely to halt sliding premiums
Storms which battered the UK over the Christmas period are unlikely to contribute to reversing tumbling home and motor premiums according to the AA.
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
AA boss Strong moves to Saga
AA chief executive Andrew Strong is to move to sister company Saga from 1 December, with a replacement expected to be confirmed by the end of Q1 next year.
AA granted ABS licence
The AA expects to have its own legal services business up and running by the end of the year after being granted an alternative business structure licence by the Solicitors’ Regulation Authority.
Insurers set to pay the price after St Jude storm wreaks havoc in the South
Property damage from fallen trees expected to be among major costs.
Saga appoints IPO advisor
Acromas-owned insurer Saga has appointed STJ Advisors ahead of a 2014 float.
St Jude claims unlikely to halt falling premiums
Damage to homes in the south and southwest as a result of storm St Jude is unlikely to be significant enough to halt the downward trend of household premiums, according to broker AA Insurance.