Motor

Ai Claims profits up 38%

Motor claims management firm, Ai Claims, has reported a profit after tax of £2.7m in the year to 30 June 2011 - up 38% on the £1.9m it made the previous financial year.

AM Best calls for UK insurer price hikes

UK Insurers need to put up prices and cannot release reserves for much longer because of the weak economy ruining investment returns, AM Best has warned.

Crash for cash gang to be sentenced

A gang of crash for cash criminals who pocketed almost £2m from false claims submitted through fraudulent accident management companies will be sentenced at Southwark Crown Court next month.

ABSs could drive down motor claims costs

Alternative Business Structures could be used by the sector to “revolutionise” motor claims processes, yielding savings for insurers, brokers and their customers, according to Tim Roberts, senior partner of Parabis and Eddie Longworth, managing director…

Aviva reviews Downton Abbey adverts

Aviva says it is reviewing critical comments about its TV advertising campaign after Downton Abbey viewers complained about the insurer’s sponsorship and series of TV ads on Sunday night.

RSA’s enhanced motor claims add 25%

Britain’s fourth biggest motor insurer RSA stands accused by a county court judge of artificially inflating repair costs charged to other insurers by more than £2.4m.

RSA launches campaign to change eyesight testing

RSA bosses are calling for sweeping changes to the process behind how driver’s eyesight is tested following the launch of a nationwide campaign to see if motorists are ‘Fit to Drive’.

Comment - Civil litigation: You’re part of the problem

When the insurance industry launches a campaign to reform our “broken civil litigation system” it predictably wheels out dodgy statistics – including that complete nonsense of a report from Frontier Economics again — and dubious ‘facts’. It conveniently…

Editor's comment: The devil is in the detail

Just when consensus was building across the insurance industry that banning referral fees alone will not cure the UK civil litigation system of all its perceived ills, reduce car insurance premiums, or single-handedly wipe out personal injury claims…

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