Politics
Biba Manifesto 2016: Brokers to be educated on cyber threat
The British Insurance Brokers’ Association is endeavouring to help members to reduce the risk of cyber-crime and to raise awareness of the benefits of suitable insurance protection.
Rate reductions mooted as industry calls on government to follow NI lead on GDL
Pressure is building from the insurance industry on government to introduce graduated driver licensing across the rest of the UK, following the roll out of new laws for young drivers in Northern Ireland.
Government unwilling to mandate AEB systems in new cars
Thatcham CEO Peter Shaw claims the government is not prepared to legislate for mandatory autonomous emergency braking systems in new cars, despite broadly supporting the research centre in its call for AEB technology to be fitted as standard.
Flood Re completes exec team with hires from Pro Sight and Pen
Flood Re has completed its executive team with the appointment Harriet Boughton as its general counsel and Karen Clautour as head of operations.
Night-time curfews for young drivers to be introduced in Northern Ireland
A comprehensive package of new measures to improve road safety has been passed by the Northern Ireland Assembly that includes night restrictions on young drivers carrying passengers.
Willis chief Rowan Douglas awarded CBE in New Year's Honours list
Willis boss and Artemis co-founder Rowan Douglas has been awarded a CBE for service to the economy through risk, insurance and sustainable growth in the New Year’s Honours list.
Storms' insured loss estimate increases to £1.4bn
Latest estimates from accounting firm PWC suggest insured losses from storms Desmond, Eva and Frank, which battered the UK in December 2015, could reach £1.4bn as Prime Minister David Cameron yesterday (3 January) pledged £40m to repair and improve flood…
Government insists whiplash reforms will be introduced "as soon as possible"
Insurers have committed to give customers 100% of the savings made from new Government reforms to reduce fraudulent whiplash claims, it was announced today.
Government mobile phone penalties welcomed by AA
AA Insurance has welcomed a government move to increase the penalty for using a hand-held mobile phone or other device while driving as a "victory for common sense".
Motor rates accelerate as government's IPT hike is rolled out
The government’s introduction of higher insurance premium tax last month has served to accelerate average annual best buy motor policy deals by 10.9% to £696, according to market research conducted by Consumer Intelligence.
High Court PI claims at a five year high, law firm finds
The number of personal injury claims at the High Court has reached its highest level in five years, according to figures obtained by law firm Nockolds.
Editor's Comment: 2015: A year in review
Christmas is a time for reflection on the past year and to think about what 2016 might bring.
Slater and Gordon MD Grech warns government over RTA reform “backlash"
The boss of one of the UK's leading claimant law firms has warned about the "unintended consequences" if the government goes ahead with the reforms outlined in the Autumn Statement to combat compensation culture.
Interview: Slater and Gordon: Not for the faint-hearted
Despite some setbacks, the Slater and Gordon management team remain committed to an international business plan rooted in consolidation and cooperation.
Blog: Flood-resilience certificates might be the way forward
Storm Desmond and the Cumbria floods have highlighted that flood risk in the UK is both inevitable and increasing.
Blog: Getting people back on their feet after Storm Desmond
Crawford's Paul Lofkin describes his experience of assisting in the clean-up of flood-affected homes and businesses in Appleby following Storm Desmond.
MRO to appeal judicial review decision on Medco
Medical reporting organisation Speed Medical is to appeal the judgment in its judicial review into the implementation and operation of Medco.
Government pledges £50m fund to flood victims
Chancellor of the Exchequer George Osborne has announced a £50m fund for families and businesses affected by floods in Cumbria and Lancashire in today's (9 December) Prime Minister's Questions session.
C-Suite - Insurer: Cash in hand
The insurance industry must show customers they will reap the benefits of government changes.
More data needed to assess impact of telematics on young driver collisions, DfT finds
A Department for Transport report has concluded insurance data alone is not sufficient to assess the impact of telematics-based insurance on young driver accident rates.
Reserving certainty a fillip for insurers in Enterprise Bill amendment
A proposed amendment to the Enterprise Bill under consideration by the House of Lords is being championed as giving insurers more certainty around reserving for damages relating to late claim payments.
Uptick in CMC activity predicted as insurers eye long-term motor rate reductions
Insurers have widely committed to pass on savings set to flow from the government’s heightened whiplash reforms, despite a predicted surge of activity among claims management companies in the interim period.
Industry disputes claimant solicitor criticism of move to 'care, not cash' claims model
Criticism of the government’s acceleration of personal injury reforms in the motor market by the claimant legal fraternity has been dismissed by the wider insurance industry, which has welcomed a shift in claims from cash to care.
Video: industry bosses issue rallying cry on climate change
High-profile insurance industry CEOs and executives are calling for world leaders to reach a strong global agreement to tackle climate change ahead of the UN Paris Climate Change Conference COP21 next week.