Claims – Page 302
-
Online onlyCMA probe: lack of action means claims costs could increase
Insurers warn that the Competition and Markets Authority’s failure to deal with inflated credit hire and repair costs could lead to an escalation in the price of a claim
-
NewsCMA probe: Lloyd’s market considering appeal
The Lloyd’s Market Association has been critical of the probe into the private motor insurance market
-
Online onlyCMA probe: credit hire firms looking to invest after years of uncertainty
Credit hire industry welcomes the findings of the Competition and Markets Authority and urges insurers not to launch an appeal
-
News
IFED arrests 11 in nationwide personal injury fraud crackdown
Police probe potentially exaggerated and false claims following tip-offs from insurers
-
Online onlyCMA probe: industry reaction
Insurance Times brings you a round up of industry responses to the Competition and Markets Authority final report from its probe into the private motor insurance market
-
Online onlyCMA probe: insurers slam watchdog on lack of action
The ABI has criticised the CMA for not taking any action on credit hire costs
-
Online onlyCMA probe: watchdog 'unable' to take action on £84m cost of credit hire
The Competition and Markets Authority will not be introducing proposed credit hire rate cap
-
Online onlyCMA probe: aggregator pricing agreements banned
But no action is taken on inflated credit hire costs
-
Online onlyHow insuring cyber risks is like spotting sharks
The evolving nature of cyber crime means insurers must be wary
-
Online only
The Innovation Group continues US expansion with roadside assistance acquisition
Driven Solutions bought for £4.3m
-
Online only
FOS warns insurers over rejecting alcohol-related travel claims
Say descriptions of alcohol consumption are not clear enough
-
News
UK insurers’ claims bill jumped by £1.5bn in 2013
But claims ratio improved after £3.4m growth in gross written premium, according to new ABI statistics
-
NewsInsurers and brokers escape blame in FOS complaints league
Add-on products “often sold by companies outside of the industry” appeared high in the league table - FOS
-
NewsApplication fraud is costing the motor insurance industry £2.8bn – SSP
SSP estimates that brokers alone are leaving themselves exposed to £1.4bn of lost premiums
-
News
ASOS Barnsley fire could cost fashion retailer £30m
June fire ate into company’s quarterly sales
-
News
500 fraudulent motor applications a day – ABI
Industry detected more than 180,000 false applications in 2013, says trade body
-
News
Bodyshops opt to repair rather than replace, reveals study
Price of parts rises 25% in five years
-
News Analysis
Biba to produce sharing economy insurance guide
Publication follows second meeting of the shared economy group
-
Online onlyBriefing: what can we expect from the CMA motor probe?
The eagerly anticipated final report from the CMA’s private motor insurance investigation is set to be published in the next couple weeks, but with so much still shrouded in doubt, Insurance Times takes a look at what the industry could face when the remedies are finally published
-
Online onlyGovernment consulting on second round of whiplash reforms
Proposals under consultation include a central IT hub for allocating independent medical experts and a data sharing initiative for claimant lawyers and insurers
