Referral fees
Bangladesh regulator to set rate for commissions
The Bangladesh Insurance Development and Regulatory Authority is to revive commission for general insurance business against premiums.
Comment: Uncertainty is the only certainty
2012 could see a raft of changes to the insurance industry
Ancillary income still under scrutiny, despite boost to Admiral profits
After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
Motor injury claims cost consumers £1666 a minute
The legal fees involved in settling motor personal injury claims cost consumers £1666 every minute, the Association of British Insurers has found.
Motor claims: Senior Labour MP dismisses LASPO as a ‘Christmas Tree’ Bill
The Legal Aid, Sentencing and Punishment of Offenders Bill has been criticised for limiting access to justice for poorer claimants and disguising the abuses of insurers and claims management companies as a compensation culture.
Market fears for unintended consequences as first ABS approval nears
The first alternative business structure could be greenlighted as early as next week.
Credit hire: Collision course
The thorny issue of credit hire continues to tax insurers — but should they be doing more to control costs?
View from the top: Expect the unexpected
The industry must continue to adapt and evolve to meet constant changes to the market, says Mark Hodges.
Broker focus - Personal lines: Survival tactics
Embattled personal lines brokers are facing a tough climate with falling incomes and business volumes, but those willing to adapt to the new environment can survive and prosper.
Credit hire: Two sides to the story
Credit hire organisations and insurers are blaming each other for the cost of credit hire. With the Office of Fair Trading conducting a review, will anyone emerge victorious?
Time lapses on second reading of Straw’s motor bill
The order to read Jack Straw’s Motor Insurance Regulation Bill a second time has lapsed.
Government must pass whiplash legislation quickly claim insurers
Insurers have backed calls for legislation, if something is to be done quickly about spiralling whiplash claims in the UK.
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.
Fitch Ratings gives referral fee ban its seal of approval
Fitch Ratings has approved measures to ban UK motor insurers from receiving any type of referral fees, saying represents a more meaningful step towards combating the rise in fraudulent claims.
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.
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.
North of the border: An update on costs
The Taylor review seeks views on a wide range of topics affecting Scotland, says Caroline Cassidy.
Review of the year - General insurance: Regulatory dramas
2011, a year dominated by regulatory and legislative change, could yet prove to be a landmark 12 months for the insurance industry.
Your say: Urgent lessons must be learnt from the government’s critical riot report
The government’s interim report on the summer riots makes uncomfortable reading for the insurance industry.