Credit hire
Equity expansion still on track despite 185 jobs under threat - Insurance News Now – 28 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including Equity Insurance Group’s insistence that its branch network and plans for regional expansion are safe, despite putting 185 jobs within it’s underwriting and…
Bent credit hire saga continues
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 last week.
Insurers need to hit the street to fight fraud
Insurance companies are not carrying out enough street-level enquiries during their investigations into fraud, Brownsword Group director Roger Bescoby has claimed.
In series - fraud: how essential is PR in the battle against fraud?
PR is essential when it comes to changing perceptions about the insurance industry. Rachel Gordon investigates how successfully this is being utilised in the long-term fight against fraud.
Motor claims: adding value to the claims process
The vehicle insurance and accident management worlds are at each others throats most of the time. Paul Hoyle looks at why co-operation is the only way forward.
Credit hire - market update: time for a credit check
With the coming year shaping up to be just as busy as 2010 in the credit hire arena, Craig Dickson looks at the themes and issues likely to dominate.
Credit hire - innovation - enter the claims processing matrix
Third-party intervention has failed to deliver the reining in of costs that insurers thought it might. Jon Ralph examines the idea of a collective, collaborative non-fault database, which would capture all claims.
Helphire cuts 400 staff under restructure
Accident management company Helphire reduced its headcount by more than 400 staff during the last six months of 2010 as part of its business restructure.
Motor Claims 2011: Longworth predicts demise of the CHO market
The death of credit hire is inevitable as the market conditions in which it once flourished have moved on, according to Gemini Vehicle Solutions managing director Eddie Longworth.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
Motor Claims 2011: Food for thought
The annual Post motor claims conference has become a must-attend event for those leading the motor insurance sector.
Credit hire claim reduced by £20 000 as case is re-heard
The credit hire claim of Premier League footballer Darren Bent has been reduced by £20 000 after a court case involving Allianz and Accident Exchange was re-heard at Cambridge County Court.
RSA embroiled in legal row over ‘new credit hire’ – Insurance News Now – 17 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including how RSA has become embroiled in a legal spat with Provident over subrogated motor repair costs.
Court rules on Bent credit hire re-trial
Cambridge County Court has ruled that the £63 000 in credit hire fees claimed by Darren Bent following a road traffic accident could have been at least £20 000 lower if the Premier League footballer shopped around.
Quinn signs up to ABI's GTA agreement
Quinn Insurance has signed up to the Association of British Insurers' general terms of agreement between insurers and credit hire operators.
Bent case set for new hearing at Cambridge County Court
The ongoing credit hire dispute involving Aston Villa footballer Darren Bent is due to be reheard at Cambridge County Court on Friday.
Postbox: Going back to basics is the long-term solution
I was interested to read the item on winter freeze claims in the same issue as the article by Ecclesiastical’s David Bonehill on claims professionalism.
Horwich Farrelly wins credit hire case
Insurance litigation firm, Horwich Farrelly has won a case against unenforceable credit hire agreements.
Accident Exchange extends credit agreement with Morgan Stanley
Accident Exchange has reduced its debt liability by £50m in a deal wthat it claims provides a significant financial footing for the business.
EU Directive will sharpen the finance agreements of credit hire organisations
The forthcoming Consumer Credit (EU Directive) Regulations 2010 may help the insurance industry deal with dubious credit hire agreements, according to Horwich Farrelly.
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.
Legal update: Countering claimant credit hire charges
Credit hire cases are notoriously difficult to defend, even when liability is admitted, says Emma Massey, but insurers can and are securing some success in the courts.
CHOs must co-operate more with insurers or risk collapse
Some credit hire organisations will have to become more co-operative with insurers if they are to avoid collapse, a legal expert has warned.
GTA changes to be discussed
Changes to the general terms of agreement between insurers and credit hire organisations could be discussed as early as next month after several companies expressed an interest in auditing the voluntary protocol.