Association of British Insurers (ABI)
IFB slams Howard League fraud proposals
The Insurance Fraud Bureau has condemned a report from the UK’s oldest penal reform charity recommending convicted fraudsters are spared jailed.
SME flood cover in doubt as Biba battles for its inclusion in Flood Re
Industry-backed affordable flood insurance was never intended to cover small businesses, according to the Association of British Insurers.
Mesothelioma: Bearing the burden
With the Mesothelioma Bill due to come into operation early next year, just how much strain is the compensation scheme likely to put on insurers?
Whiplash: What next?
The Transport Select Committee published the much anticipated findings of its inquiry into whiplash claims last week.
Five complaints made after “Don’t get mugged” campaign
The Advertising Standards Authority has received five complaints relating to the Law Society’s “Don’t get mugged” advertising campaign.
ABI disputes unpaid London riot claims figures
The Association of British Insurers has written to the Deputy Mayor of London to refute allegations of a high number of outstanding insurance claims following the London riots.
Deputy Mayor threatens to name insurers behind unpaid riot claims
The deputy mayor of London has threatened to “name and shame” insurers who have not settled claims following the 2011 London riots without sufficient justification.
ABI backs Home Office calls for regulation of private investigators
The Association of British Insurers has thrown its weight behind a Home Office initiative that intends to bring about the regulation of the private investigation industry.
Mesothelioma proposals face firing squad while barely out of blocks
Gateway will bring meso claims in line with Jackson reforms.
Leader: Feeling distinctly mugged off
Starting a campaign to raise the profile of your members during a difficult time – with legal reform starting to pinch – is admirable.
Insurers insist they have nothing to hide after ‘self serving’ legal campaign
Law Society says claimants accepting early offers are being ‘mugged’.
Lower motor premiums depend on whiplash reforms, says ABI
The Association of British Insurers has called upon the government to deliver "fundamental changes" to tackle the UK's "whiplash epidemic" before insurers can deliver further reductions in car insurance premiums for their customers.
Whiplash small claims track extension under threat
The conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on the small claims track.
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
Insurers to start using IFR in coming months says ABI
The first insurers to sign up to the Insurance Fraud Register will begin using it in the next few months, the Association of British Insurers said today.
Open GI and Experian launch fraud-check service
Software provider Open GI and information services firm Experian have launched a service to help brokers and insurers combat fraud.
Allianz warns on undetected fraud
The insurance industry should take the fight against fraud to other business lines in order to tackle undetected fraud, Allianz has warned.
Fraud costs the industry £1.1bn a year
Fraudulent insurance claims uncovered by insurers have topped £1.1bn a year as the industry’s clampdown on insurance cheats intensifies, according to a figures by the Association of British Insurers.
Volvo AEB system sparks reduced premiums for drivers
Volvo claims that its autonomous emergency braking system could save motorists up to £160 per year on their car insurance premiums, after the manufacturer declared the system will be fitted on most new models.
Insurers left perplexed by FSB’s ‘global systematically important’ tag
Report highlights potential ratings impact for implicated insurers.
Law Society will not abandon controversial campaign
Law Society president Nicholas Fluck has “no plans to abandon” the organisation’s recent personal injury advertising campaign following a call from the Association of British Insurers to withdraw it.
In Series: Claims: Joining forces
Bilateral agreements and a better use of technology can help insurers operate more efficiently when it comes to subrogation.
Insurers in the dark over how pensions deficit input will impact levies
Insurers are unlikely to find out how much of an impact a £200m pensions deficit left over from the Financial Services Authority will have on their individual levies, in spite of changes to plans that will see them contribute more.
ABI letter to Law Society calls for PI campaign to be withdrawn
The Association of British Insurers director general Otto Thoresen has expressed his “anger and disappointment” in a letter sent to the Law Society, calling for a recent personal injury advertising campaign to be withdrawn.