Claims – Page 476
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ClaimsIt’s mine, all mine…
Some insurers have responded to the current economic climate by cutting expert staff and making lower cash settlements. Muireann Bolger finds insiders divided on whether policyholders and the industry’s reputation are suffering.
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NewsGovernment delays ruling on pleural plaques compensation
Potential £28bn in claims hangs in the balance as insurers are forced to wait months for decision
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Online onlyInsurers face further delay on plaques
Decision on compensation now set for later this year
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Online onlyAce hires claims boss from RSA
Catherine Murphy appointed in new role to support major risks claims service
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Online only
Insurance fraud soars to £1.9bn
ABI report reveals the cost of fraudulent claims is up 24% in two years
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Online onlyAggregators urged to sign up to Code of Practice
Voluntary Code launched by the Comparison Consortium
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NewsAspray seeks compliance help after FSA fine
FSA fined Aspray £21,000 for administrative failings
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NewsAA/Saga plan to launch in-house credit hire firm
Board approval imminent for scheme to save millions with new dedicated trading company
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ClaimsAct quickly before we are swept away
‘Escape of water’ claims are a growing problem for insurers
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NewsInsurancewide to close next month
The aggregator has been financially drained by a five-year legal battle with HMRC
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NewsCouncil challenges judge’s review
Review based on sources critical of claims management companies
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ClaimsA Mexican standoff
The costs associated with credit hire arrangement fees continue to spiral upwards. The blame about how the insurance industry got itself into this mess continues to be debated, but senior industry figures believe that government intervention is now the only way forward
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NewsBroker Forum: Online rates must increase ‘to avoid a catastrophe’
Insurers must increase their rates online by 20% compared to their broker rates
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NewsBrokerbility launches health product as swine flu spreads
Medication offered to clients of its 28 group brokers
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