Credit hire
Credit hire process adds £150m to motor premiums says CC
Motor insurance premiums are being unnecessarily inflated by the complex chain for the settlement for non-fault claims, the Competition Commission has found after a yearlong review.
Last chance to take advantage of early bird for the 2014 Motor Claims conference
Today is the last day to take advantage of the early bird offer for Post's hugely popular annual Motor Claims conference.
Credit hire portal set for 2014 launch as backers put faith in motor inquiry
Committee confident Competition Commission will draw ‘right conclusions’.
Helphire ‘making good progress’ in Autofocus settlement
Helphire Group has finished analysing “several thousand cases” in which Autofocus evidence was used and is ready to start discussing settlements with insurers.
Insurers countering credit hire fraud despite rise in exaggerated claims
Fraudulent credit hire claims involving ‘artificial exaggeration’ have increased by 29% over the past two years, according to a study carried out by law firm DAC Beachcroft.
Quindell working on 'one-in-four' UK claims
Outsourcing firm Quindell Portfolio is now serving some role on roughly one-in-four insurance claims in the UK, following contract wins, the firm has said.
Roundtable: Fraud: Seeking a knockout blow
How are recent changes to the legal landscape and calls for a more collaborative approach impacting the insurance industry’s fight against fraud?
Zurich inks Accident Exchange settlement
Zurich has reached a settlement with credit hire firm Accident Exchange over more than 50 cases of disputed rates.
Zurich fails in Accident Exchange settlement bid
Zurich has been rejected in a bid to settle more than 50 credit hire rate disputes with Accident Exchange.
Axa to offer settlement on Accident Exchange disputes
Axa is to make a third attempt to end all of its credit hire rate disputes with Accident Exchange through a global settlement, Post can reveal.
In Series: Claims: A moral dilemma
The industry is split over the ethics of subrogation. Will Competition Commission intervention resolve the situation once and for all, or can insurers find their own solution through bilateral agreements?
Axa settles ahead of its first Accident Exchange retrial
Axa has agreed an estimated £30 000 settlement, ending the prospect of what would have been the first retrial for the insurer in its ongoing legal battles over Accident Exchange credit hire rates.
Quindell strikes deal with Renault UK
Quindell has signed a contract to provide Renault UK with accident management services across Great Britain.
Helphire to resume dividend payments following High Court order
Helphire Group has been granted permission to resume paying dividends by the High Court.
Axa denies complicity after Accident Exchange exhumes Autofocus cases
AE’s chief vows to right wrongs of ‘deceitful’ practices in targeted legal action
Subrogation: Fair Play?
With some firms facing criticism over their approach to subrogation, are motor insurers acting in customers’ best interests or is this outdated legal framework being exploited?
Helphire ABS licence within reach as application reaches final stage
Helphire's alternative business structure has reached the "final stage" according to chairman Avril Palmer-Baunack
Markerstudy eyes up acquisitions and unveils claims management solution
Markerstudy has combined three of its most recent acquisitions into a new integrated FNOL and claims management solution called Synchronicity.
Quindell expands ranks with Crusader acquistion
Quindell Portfolio has acquired motor claims management specialist Crusader Assistance Group Holdings in a £9m deal, subject to regulatory approval.
Your Say: Stop harassing injured victims
The proposal by Dominic Clayden [claims director at Aviva] to require non-fault victims to contact the at-fault insurer to give them the chance to deal with repair, mobility and personal injury issues makes third-party capture – which the Financial…
Validus completes LDC-backed MBO
Motor claims specialist Validus-IVC has completed a management buyout with the support of former Davies backer Lloyds Development Capital.
Credit Hire: Co-operation not combat
With concerns over credit hire at an all-time high after the collapse of Drive Assist, what is the future for credit hire organisations, and can they ever truly make peace with insurers?
IFB investigation leads to jail time for fraudsters
The insurance industry has demonstrated a “zero tolerance” stance towards fraud produces results, after two fraudsters responsible for handling “thousands” of fictitious or inflated personal injury and credit hire claims were sentenced to jail.
News review: British insurance staff could lose jobs
Staff at mortgage payment protection insurance provider British Insurance has been put on redundancy notice by the firm's parent company Towergate Insurance.