Credit hire
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Helphire board change over £29m error
Helphire board bosses have quit after shocking results saw pre-tax losses more than double to £34.1m.
Looking back - 1991: Hitting the hot hatches
On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…
Law report: Bentley hire recoverable but door open for argument
This law report has been contributed by national law firm Berrymans Lace Mawer.
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.
My best 11 - David Williams, Axa Commercial Lines
Axa Commercial claims and underwriting chief David Williams picks his best XI for a potential insurance start-up company. Relying on his vast management experience Williams has selected a mix of sporting, celebrity and insurance personalities.
View from the top: Sleepwalking to a fleet nightmare
New business discounts, cross subsidising and top-line chasing remain rife, says Laurent Matras, managing director, Groupama Insurances.
Travelers motor exit prompts market withdrawal speculation
Travelers’ decision to pull the plug on its private motor business in Ireland could signal the company’s complete withdrawal from Ireland, according to local players.
Baker quits CHO — DG search initiated
The Credit Hire Organisation says it has identified a number of "high calibre" candidates to fill the void left by departing director general Tony Baker, who last week announced his decision to step down at the end of the year.
Credit hire: Improving the engagement
The credit hire industry has traditionally had a rocky romance with insurers. Sam Barrett looks at what has gone wrong and how the two sides can reconcile their differences.
Post Magazine – 4 August 2011
This week the Post team reports on Lloyd’s decision to begin investigating Equity syndicate’s reserve deterioration. A Names protest group says the outcome should prove influential to its own campaign over Equity’s losses.
Lloyd’s pursues own probe into Equity syndicate losses – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including Lloyd’s decision to begin investigating Equity syndicate’s reserve deterioration. A Names protest group says the outcome should prove influential to its own…
Tony Baker steps down as CHO director general
Credit Hire Organisation director general Tony Baker has announced his decision to step down from the role at the end of the year.
AI Claims on track to hit profit forecast despite downturn in accidents
AI Claims has reported that its trading profit in the financial year is in line with market expectations.
Broker Assistance signs AA Accident Management deal
Broker Assistance has signed an agreement with AA Accident Management to handle credit hire claims for the broking group’s commercial customers.
Credit hire - Common structure: Under the bonnet of credit hire costs
Melanie Mooney looks at suspect commercial arrangements between credit hire firms and repairing garages and considers what the industry can do to fight the practice.
Helphire issues profit warning after revealing £29m accounting error
Credit hire firm Helphire has issued a profits warning after revealing a financial overstatement of £29m relating to credit hire and repair.
Legal update - Social networking: Better connected
A landmark case in insurance fraud has established that information obtained from social networking sites can be lawfully used as evidence. Paul Hughes explains how they can be a valuable tool for insurers.
Ford tackles credit hire fees with claims service
Car manufacturing giant Ford is to launch a dedicated 'credit hire free' accident management arm for its customers in a bid to help eradicate personal injury claims inflation.
Validus investigation unit spots £1m of fraud in first two months
A new claims investigation unit set up by Validus has found nearly £1m of suspicious motor claims for insurance clients in its first two months of operation.
Baker quits post over Jackson frustration
Legal Expenses Insurance Group director Tony Baker has resigned from his post after becoming frustrated with the government's stance on the Jackson Review.
Helphire share price crashes to new low after overstating cash due by £25m
Helphire's share price today crashed to 4.9 pence at the close of trading from 12.75 pence at the start of the day after a profits warning.
Allianz “confident” of Bent appeal victory
Allianz is upbeat on its chances of success in the ongoing credit hire legal battle involving Aston Villa footballer Darren Bent.
Bent credit hire case faces appeal court hearing for second time
The credit hire legal wrangle involving Aston Villa footballer Darren Bent is set to continue after permission to refer the case back to the Court of Appeal was granted.