AA
Insurers braced for Isle of Sheppey crash claims
Insurers are expecting a steady influx of claims following the Isle of Sheppey crash last week, which involved more than 130 vehicles.
MIB welcomes uninsured drivers' fine increase
The Motor Insurers’ Bureau has welcomed the £100 increase to the fixed penalty fine for uninsured drivers. The fine is now £300.
Motor offence reforms 'not tough enough' claim AA members
The vast majority of drivers surveyed by the AA believe motor offence reforms that bring the fixed penalty for driving without insurance up from £200 to £300 are not stringent enough.
Motor sector cites rates and reforms as COR soars
Motor insurers have bemoaned the impact of rock-bottom rates on their first-half figures, prompting some industry leaders to rule out further rate reductions in the second half of the year.
Staysure recruits three to leadership roles
Over 50s insurance specialist Staysure has revamped its leadership with the appointment of a new chairman, deputy chief executive and chief technical officer.
Direct Line cost drive 'crucial' as premiums drop
The latest AA index shows competition is intensifying and makes Direct Line's cost efficient drive 'crucial' according to Westhouse analyst Joanna Parsons.
AA boss pleased with TSC recognition of 'quick buck' culture
AA Insurance director Simon Douglas has praised Transport Select Committee members for recognising the “delicate balance” between legitimate and dishonest claimants.
AA index shows ‘record reductions’ in motor cover costs
Average pricing for home and car cover in the UK is continuing to slide, according to the AA’s latest British insurance premium index.
Insurers back “first step” Flood Re announcement
The UK’s largest general insurers have expressed delight at the announcement of a deal on flooding cover for UK homes.
Re-worked 'Flood Re' expected to be laid out in imminent Water Bill
Details of the Association of British Insurers’ long-awaited flood risk solution are expected to come into focus this week following a government spending review and the introduction of the Water Bill.
Uninsured driver fines will fail, says AA
The government’s plans to increased fines for driving without insurance from £200 to £300 will have little impact on the issue, the AA said today.
Acromas considering £4bn refinancing deal
AA and Saga parent company Acromas is understood to be close to securing a refinancing deal that could lead to the break-up of the group.
IFB working on new model to attract brokers put off by membership cost
Move coincides with demand for greater broker representation on fraud register
Expertise-in-Action: Claims fraud - Contagion
Despite the insurance industry's valiant efforts, fraud is spreading through the market place like a virus. What can be done to stop the rot?
EU Gender Ruling behind falling premiums in Q1, claims AA
The cost of motor and home insurance dropped in the first quarter of 2013, according to the latest AA British Insurance Premium Index.
Personal Lines Brokers: Fresh tactics
With the rise of aggregators bringing their very existence into question, how are personal lines brokers changing their approach to ensure they stay relevant and needed?
AA: SoP extension is not good enough
An extension of the Statement of Principles is not a satisfactory solution to flood insurance even on a temporary basis, Simon Douglas, director of AA Insurance has said.
Need for robust flood solution 'more urgent than ever' says AA
Finding a way to ensure continuing insurance cover for homes at risk of flooding is ‘more urgent than ever’ according to the AA.
Transport Select Committee whiplash inquiry offers fresh hope to PI lawyers
Personal injury lawyers are hopeful the Transport Select Committee’s fresh inquiry into whiplash – launched a week after the Ministry of Justice closed its own consultation – will provide their businesses with a lifeline. This comes as a group of law…
AA Insurance boss puzzled by timing of Transport Committee inquiry
AA Insurance director Simon Douglas has raised questions over the timing of a Transport Select Committee inquiry calling for evidence on reducing the number and costs of whiplash claims.
Zurich calls for advance way of diagnosing whiplash
Zurich has welcomed the Transport Select Committee’s inquiry into whiplash and called for a more advanced way of diagnosing and proving whiplash injuries.
Pothole claims double in January
The number of insurance claims for pothole-related damage to cars more than doubled in January to 1000, compared with the same month last year, according to estimations by AA Insurance.
Spotlight On: Telematics: On the road to a new era
Has the EU Gender Ruling finally brought telematics to the fore to drive new growth in the motor sector?
AA predicts 2013 rise in home cover pricing
The AA has said that there has been little movement in home insurance pricing, but added that flooding and further extreme weather will likely see prices rise.