Credit hire
Hill Dickinson appointed CHO associate member
Hill Dickinson has joined the Credit Hire Organisation as an associate member with fraud head Peter Oakes coming on board the CHO's executive committee to advise on counter fraud strategies.
North of the Border: Credit hire debate rumbles on
Recent hire rates disputes in England and Scotland won’t be the last, says Jennifer Thomson.
C-suite - Insurer: It’s legal, but is it right?
The CMA’s lack of action over subrogated claims means the industry itself must act, says Adrian Furness, claims director, Covéa Insurance.
Credit hire firms tipped to focus on repair costs following landmark ruling
The Court of Appeal ruling on credit hire costs for pecunious claimants will trigger an increase in exaggerated credit repair costs, according to market commentators, who have warned the judgment is not as wide-reaching as insurers might hope.
Landmark judgment on credit hire sees court adopt “lowest reasonable rate” approach
A Court of Appeal’s judgment today has been hailed as a major breakthrough for insurers, putting a stop to the inflated rates that credit hire organisations have been allowed to charge in recent years.
Ifed boss DCI Rogers promises equal treatment in fight against fraud
Detective Chief Inspector Angie Rogers has vowed to work with members of the insurance industry on preventative measures to tackle escalating fraud having taken over the reins of the Insurance Fraud Enforcement Department.
MP Evans to quiz local police bosses on insurance fraud resource
The chairman of the All-Party Parliamentary Group on Insurance and Financial Services has vowed to write to the Association of Police and Crime Commissioners to get a handle on the resource available to combat insurance fraud.
Insurers vow to learn from CMA report blow to combat credit repair inflation
The Competition and Markets Authority’s decision not to address the rising cost of credit hire has led to a “free for all” in credit repair cost inflation, according to insurers, who have vowed to unite to tackle the issue.
Quindell appoints former Helphire chairman and Prudential CEO
Quindell has made two senior appointments to assist in the development of the outsourcing firm's accounting policies.
Blog: Beyond the CMA - the future of credit hire?
Jeremy Lefebure, UK claims transformation lead at PWC, on why the industry needs to take the future of credit hire in to its own hands with an innovative alternative to the GTA portal.
Insolvency Service investigating conduct of Drive Assist directors
The Insolvency Service is believed to be conducting an investigation into the behaviour and transactions of the directors of credit hire firm Drive Assist, according to the company’s liquidator Zolfo Cooper.
Review of the Year: General Insurance
General insurers including Ageas, Aviva, Direct Line, Axa and LV reflect on a year that started with immense flood claims, saw the Competition and Markets Authority’s final report into motor insurance and ended with a warning by the regulator on the use…
The POST Power List 2014
After much deliberation, Post finally reveals the top 10 shining lights of the insurance industry, along with details of who we think would play them in a movie of their life, to complete the Post Power List.
ABI dismisses CHO claim to MPs that Ifed acts as ‘private police force’
CHO concerned crimes that impact on society are not being tackled
Credit hire: A missed opportunity
The Competition and Markets Authority report on the private motor market was met with criticism over its lack of action on credit hire practices. So what action can the industry take?
CHO charter unlikely to garner ABI support
The Association of British Insurers has said it would be unlikely to sign up to the Credit Hire Organisation consumer charter due to practical and legal concerns about the document.
CHO lobbying MPs on concerns Ifed acts as ABI's 'private police force'
The Credit Hire Organisation has contacted members of parliament over its allegation the Insurance Fraud Enforcement Department will only accept cases referred to it by the Association of British Insurers.
ABI, IFB and Thompsons to discuss fraud collaboration next week
The Association of British Insurers and Thompsons solicitors are set for a face-to-face showdown next week at the Post Insurance Fraud conference.
Supplier for credit hire portal not 'formally selected'
Martin Andrews, director general of the Credit Hire Organisation, has clarified that the General Terms of Agreement technical committee has not selected a supplier for an electronic portal.
Insurers doubt CHO’s electronic portal proposal can provide credit hire answer
‘Abuse’ with no consequences remains an issue with general terms of agreement
ABI refuses to 'take lectures' from CHOs on credit hire portal
The Association of British Insurers has lashed out at the Credit Hire Organisation following its plea for insurers to back an electronic portal.
CHO calls for motor execs to back launch of GTA portal
Senior motor insurance executives have been sounded out by the Credit Hire Organisation on plans to push ahead with the launch of an electronic portal to complement the existing general terms of agreement protocol.
CMA private motor market report: GTA demise ‘only a matter of time’ after CMA fails to find credit hire cost remedy
Only hope for industry-wide change could be ‘shaming’ others into it