Association of British Insurers (ABI)
Government moves to £1m per claim limit in draft riot bill
Government has proposed a £1m per claim limit for riot claims in the draft Riot Compensation Bill published today.
Industry launches apprenticeship framework
A government-backed apprenticeship framework has been launched by the insurance industry which has the support of sector bodies the Association of British Insurers, the British Insurance Brokers' Association and the Chartered Insurance Institute.
ABI director general outlines data revolution opportunities
Huw Evans, the director general of the ABI, has told insurers that they need to continue to tackle reputational challenges and gain greater public trust if they are to maximise the potential of the data revolution.
Apil calls for insurers to be investigated as part of child abuse inquiry
The Association of Personal Injury Lawyers has called for the inquiry into historic child abuse to investigate the behaviour of insurers following allegations certain firms had encouraged councils to cover-up child abuse claims.
Credit hire firms tipped to focus on repair costs following landmark ruling
The Court of Appeal ruling on credit hire costs for pecunious claimants will trigger an increase in exaggerated credit repair costs, according to market commentators, who have warned the judgment is not as wide-reaching as insurers might hope.
Claims Club: Next government must address young driver issue
The insurance industry has a "friend" in Europe in the shape of Lord Jonathan Hill, the EU commissioner for financial services and capital markets, no matter what happens in May.
Penny Black’s Insurance Week - 5 March
Penny has often wondered about changes to the DVLA rules on older drivers behind the wheel.
Trade Voice: Living in a fast-changing world
The ABI sets out the issues it is looking to tackle over the upcoming year — and beyond
Detriment to genuine claimants cited as insurers push for industrial deafness reform
Claimant solicitors have told insurers to “stop bleating” about the need to introduce reform to address the growing number of industrial deafness claims, amid concerns regarding the impact on genuine claimants.
Blog Relentless portal-isation of claims has to stop now
With the ABI calling for an extension of the Industrial Disease Claims Portal, Emma Costin points out that the vast majority of claims are, in fact, too complex for the portal
IFB announces appointments to supervisory board
Zurich's UK chief underwriting officer Cecile Fresneau and RSA's head of claims control Mike Curley have been appointed to the Insurance Fraud Bureau supervisory board.
Personal Injury: One rule for government, one rule for insurers
The introduction of the Criminal Injuries Compensation Authority tariff list in 2012 means that insurers are now paying out much more to personal injury claimants than the government
Government will step in if meso scheme exceeds levy, says ABI
The Association of British Insurers has said it will work to ensure the Diffuse Mesothelioma Payment Scheme remains one of last resort, following the government’s decision to raise the compensation cap from 80% to 100%.
ABI slams government’s lack of young driver reforms
The Association of British Insurers has criticised the government’s lack of action on young driver reforms for “putting young lives at risk and increasing the cost of motor insurance for young drivers unnecessarily”.
Insurers clamour for industry standard on premium comparison
There is a groundswell of support among insurers to establish an industry standard on premium comparison at renewal after Axa broke ranks to introduce such a scheme for personal lines customers.
Q&A: Ifed head DCI Angie Rogers
In her first interview since becoming head of the City of London Police's Insurance Fraud Enforcement Department, Detective Chief Inspector Angie Rogers unveils her agenda for the fight against insurance fraud.
Ifed boss DCI Rogers promises equal treatment in fight against fraud
Detective Chief Inspector Angie Rogers has vowed to work with members of the insurance industry on preventative measures to tackle escalating fraud having taken over the reins of the Insurance Fraud Enforcement Department.
Axa considers premium transparency for direct commercial customers
Axa is considering informing its direct commercial customers of their previously charged premiums as it reveals it will start to do so for some of its personal lines customers this month.
Government asked to evidence flood defence funding plan
The Environment, Food and Rural Affairs committee has called for government to show how the partnership funding model for flood defences will deliver greater private sector funding.
Home market failing to price for long-term weather risk
The home market remains significantly more profitable than its motor counterpart but insurers may be failing to price for long-term risk, market analysts fear.
Insurers vow to learn from CMA report blow to combat credit repair inflation
The Competition and Markets Authority’s decision not to address the rising cost of credit hire has led to a “free for all” in credit repair cost inflation, according to insurers, who have vowed to unite to tackle the issue.
Ex-government minister Mark Hoban named Flood Re chairman
Former Financial Secretary to the Treasury Mark Hoban has been appointed to the role of chairman of Flood Re.
ABI index shows average motor premium is down by 4% in 2014
The average price paid by motorists for private comprehensive motor insurance during 2014 fell by 4% compared to 2013, according to figures published by the Association of British Insurers today.
Med Co inviting claimant solicitor and insurer registrations
Claimant solicitors and insurers have been invited to sign up with Med Co Registration Solutions from 31 January ahead of the full launch of the search facility.