Personal

OFT to refer credit hire study to Competition Commission

The Office of Fair Trading has provisionally decided to refer the private motor insurance market study to the Competition Commission after finding that insurers were too "distracted" with lowering costs and pushing up rivals' premiums to provide…

Application fraud: Revving up rates

In an effort to bring down premiums, many drivers are telling 'white lies' on their application forms, compelling brokers to beef up their own fraud detection alongside insurers.

Polish high court upholds Link4 judgment

Poland's highest court has upheld an earlier ruling that an advert for Polish motor insurer Link4 had caused offence to some parties but dismissed claims that it had misled customers.

Italian quake losses to hit £560m

Estimates for insured losses from the Italian earthquakes could be as much as £558.5m, it has been suggested, after a second disaster rocked north west Italy yesterday.

Ageas woos Groupama household boss

Ageas has appointed Craig Allen as head of household underwriting, responsible for managing the performance and profitable development of the home account through the control of pricing, underwriting and business development activity.

Quindell buy boosts telematics credentials

Quindell Portfolio has said its acquisition of software solution provider IT-Freedom will provide much-needed extra capacity for July, when it will emerge from the first mover advantage restrictions granted to its insurance technology charter client…

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