Association of British Insurers (ABI)
ABI calls for PI regulation exclusion for in-house fraud teams
The Association of British Insurers has argued that planned regulation of private investigators should not apply to insurers’ in-house fraud investigation teams.
Insurers braced for disappointment as CMA motor report deadline approaches
Disparity between credit hire and direct hire costs among most contentious issues
News Analysis: Party conference season approaches
With the Green Party positioning itself as the ‘real opposition’ to the coalition government, reality TV star ‘White Dee’ Deidre Kelly set to speak at the Conservative Party Conference alongside David Cameron and the furore surrounding the ‘Yes’ vote…
UK sharing economy tipped to hit £9bn by 2025 as Biba plans insurance guide
The British Insurance Brokers’ Association will create a guide for sharing companies and brokers by the end of this year in a bid to remove barriers to writing business in the sector.
ABI data finds 84 000 bodily injury claims settled in Q2
There were around 84 000 bodily injury claims settled in Q2 2014, according to new data from the Association of British Insurers.
Poor practice from insurers is to blame for rise in rehabilitation fraud
Absolute Partnership investigators discover ‘surprisingly high defect rate’
Delay dismissed as My Licence launch is tipped for coming weeks
The My Licence hub is just weeks away from launching, according to the Motor Insurers' Bureau.
Industrial deafness ‘the new cash cow’ says ABI
Claimant lawyers and claims management companies are increasingly exploiting industrial deafness claims for maximum cash settlements, according to the Association of British Insurers.
ABI warns BoE capital raising will drive up insurance costs
The Association of British Insurers has criticised the Bank of England over its plans to raise capital levels in financial institutions saying it will drive up the cost of insurance.
ABI defers decision on Flood Re participation for independent Scotland
The Association of British Insurers has refused to rule out the possibility of an independent Scotland being excluded from the insurance industry backed Flood Re scheme.
ABI gets industry backing after L&G’s decision to withdraw membership
Trade body tight-lipped on whether L&G exit will impact membership fees.
ABI welcomes LSB delay on 'misguided' PI cover reduction
The Association of British Insurers has described the decision by the Legal Services Board to prevent a reduction in the minimum terms for solicitors’ professional indemnity insurance ahead of the October renewal period as “a victory for common sense”.
Editor's comment: We’re better off with one voice
There is something to be said for going it alone, for forging a new path, breaking new ground and taking a stand.
Trade voice: A driverless future beckons
Driverless vehicles have until recently been the stuff of scary fiction – from Stephen Spielberg’s menacing apparently driverless truck in the cult 1970s film Duel, to Stephen King’s demonic Chevrolet in Christine.
H1 weather claims hit insurers for £845m
Weather damage claims have cost insurers £845m across the first half of 2014 according to figures from the Association of British Insurers.
ABI 'disappointed' with L&G's decision to resign its membership
The Association of British Insurers has moved to underline the benefits of ABI membership after expressing disappointment at Legal & General’s decision to resign from the trade body.
ABI to give statement on reports Legal & General to exit
The Association of British Insurers is expected to give a statement today on reports L&G is to leave the association.
ABI premium tracker reports £378m savings for motorists
Average private comprehensive motor premiums rose £2 in the second quarter of the year to £361, according to the latest results from the Association of British Insurers' motor insurance premium tracker.
Comment - Rewriting the Rehabilitation Code
The Rehabilitation Code, which is 15 years old this year, is to be extensively reviewed. Mark Baylis, chair of the International Underwriting Association-Association of British Insurers Rehabilitation Working Party, says the views of practitioners will…
ABI warns of financial hardship from Riot Act reforms
The Association of British Insurers has estimated for every £10 paid out in compensation after the London 2011 riots only £1 would be paid out under the reformed Riot (Damages) Act.
Rehab code to be reviewed amid personal injury developments
The changing personal injury landscape has triggered the first review of the rehabilitation code in more than seven years.
Flood Re managing agent contract worth £6m per year
The tender for a managing agent for the Flood Re scheme has been published with an estimated annual contract value of £6m.
ABI slams 'excessive' claimant lawyer costs following meso report
The Association of British Insurers has said claimant lawyers have “difficult questions to answer” about why they do not support lower legal costs following the publication of the Justice Select committee’s report on mesothelioma claims.