Motor
Straw’s motor bill awaits second reading
Jack Straw’s Motor Insurance Regulation Bill is set to have its second reading in the House of Commons today.
Aviva transfers 80 claims staff to G4S
Eighty field-based investigators have left Aviva as part of a shake-up of its motor and bodily injury claims division.
Spotlight on whiplash claims highlights importance of good documentation
Recent news stories about whiplash claims are a reminder for doctors to ensure they take robust notes when treating patients presenting with neck injuries following car accidents, according to the Medical Protection Society.
Motor premiums increase again
According to the AA’s benchmark British Insurance Premium Index the shoparound price for comprehensive motor insurance is now £971.40, a 5.4% increase, from £921.38, over the three months ending 31 December. The annual increase is 15.3%, from £842.69.
Your say: Catalytic converters targeted
Having read the article on the authorities’ slow reactions to metal theft I wanted to highlight that another area being targeted by thieves is motor catalytic converters.
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
Claimant's view: A crisis of your own making?
What does a compensation culture look like? Is it statistics that show road traffic accident claims rising year-on-year? It cannot be employers’ liability statistics, which are falling.
Expert analysis: Gender confusion
European Commission guidelines provide scant clarity on what is, and isn’t, deemed ‘new’, says Mathew Rutter.
Air bag DNA foils insurance scam
Former police detectives working for Hastings Direct have helped secure the six month conviction of a 41 year old teacher for insurance fraud.
Industry needs to become more “active” or face further regulation
Speaking at a meeting of the All Party Parliamentary Group on Insurance and Financial Services, Jack Straw, said that insurers have to be more active in reforming the private motor market.
Profits still elusive in growing Indian insurance market
Further growth is anticipated for India’s insurance market but achieving profitability remains a struggle for many insurers, according to a recent AM Best report.
Ink gains renewal rights for Adding 1 lines
Ink Insurance has signed an agreement with Adding 1 for the rights to renew their property, liability and motor fleet based business.
Home & Legacy teams up with Aviva on ‘Premier Motor’ launch
Home & Legacy has teamed up with Aviva to launch ‘Premier Motor’ product a high net worth motor offering for its UK broker base.
Q&A Asia: JLT
As part of Insurance Insights new remit to cover Asia, Jardine Lloyd Thompson Asia’s chief executive officer Warren Merritt (pictured)spoke to Francesca Nyman to discussed the broker’s plans there.
ABI “baffled” by call for transparency of referral fees
Responding to the Transport Committee report on the cost of motor insurance, the Association of British Insurers said referral fees should be banned altogether.
Biba “keen to engage” with cross departmental ministerial committee
Responding to the Transport Committee cost of motor insurance follow up, the British Insurance Brokers’ Association, welcomed the establishment of a cross departmental ministerial committee.
Mass “cautiously” welcomes transport committee report
The Motor Accident Solicitors Society said it cautiously welcomes the Transport Select Committee’s follow-up report on the cost of motor insurance published today, but warned that there is still a long way to go in “dispelling the myths” about whiplash…
Bradford top for motor premium rises
Bradford saw the highest increases in motor insurance premiums last with a whopping 17.1% compared with an overall average below 5%, Confused.com and Towers Watson claim.
Industry responds to cost of motor insurance follow up report
The industry has delivered mixed responses to the Transport Committee's follow up to the cost of motor insurance report.
Further committee recommended in cost of motor insurance follow up report
MPs have called on the government to establish a cross-departmental ministerial committee on reducing the cost of motor insurance and publish a plan to address each aspect of the problem.
Penny Black’s insurance week
Penny couldn’t help but feel sorry for Eddie Edwards, construction underwriter at Chubb Managing Agent, who has been on the personal end of a metal theft claim.
Insurers welcome compensation reform as legal firms blast government policy
Major UK insurers have responded to David Cameron’s vow to “kill off” the UK compensation culture by welcoming a reduction of health and safety red tape, while demanding safeguards to maintain safe workplaces.
View from the top: Fighting fraud
Insurers and intermediaries must act now to beat the rise in personal lines fraud, says Will price, BGL.
View from the top: Time for radical action on motor
Moving to a first-party system would fix many inherent problems and directly tackle inflated costs, says Andrew Torrance, Allianz Insurance.