Claims – Page 58
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NewsHiscox pays out more than £5.2m of Covid BI claims following specialist broker settlement
More claims are yet to be finalised, but policyholders include British nightclubs and other live event music venues
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NewsFPCs and ‘Build Back Better’ approach can support communities struggling with flooding – Flood Re
Due to the detrimental impact of flooding on socially vulnerable and ethnic minority communities, the insurance industry ‘must support the roll out of Build Back Better’
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NewsPandemic-stricken vehicle mileage sees biggest drop since 1994 - ACSO
The consumer body is urging insurers to ‘cut the cost of car and van insurance for UK motorists and treat their customers fairly’
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NewsInsurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
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NewsLondon named as UK’s car theft claims hotspot – Co-op Insurance
Lambeth topped the list in London, with Kensington and Chelsea coming in second
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NewsSpectator-less Olympics could cost insurers and reinsurers millions – Fitch Ratings
Payouts regarding spectators should be limited to losses from ticket sales and hospitality
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NewsHigh-profile sporting events put risks ‘under health and safety spotlight’ for brokers – FOIL
Players slipping at high-profile sporting events, such as Wimbledon, is ‘not new’ - the grass courts are known to be an ’unpredictable factor’
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NewsInsurers brace for claims as spike in e-scooter accidents reported
Admiral believes current reported e-scooter accident numbers are the ’tip of the iceberg ’
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NewsInsurance Times’s Technology Champion of the Year 2021 - who gets your vote?
Five finalists have been shortlisted for the Technology Champion of the Year award for 2021, but who will be crowned the winner?
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FeaturesCovid-19 set to make future Olympic cover a non-runner
As athletes arrive in Tokyo for the summer Olympic Games, the postponement of the event for 12 months has already cost the insurance industry dear
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NewsIFED cracks down on insurance ghost broking with seven arrests
The IFB’s head of intelligence and investigations said ghost brokers ’are not afraid to take advantage of the financial hardship so many drivers are facing right now’
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FeaturesFire safety reform and PI withdrawal creates ‘existential moment for the insurance industry’
Four years on from the Grenfell Tower fire, industry experts debate the draft Building Safety Bill and what has been done so far to address fire safety
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NewsUK construction plant fire claims doubled in 2020 – HSB
The claims surge can be attributed to the pandemic, says product lead
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NewsGlobal cyber insurance pricing increases by 32% – Howden
The rampage in ransomware now poses a predominant threat to businesses of all sizes
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NewsEsure Group secures five-year partnership with Minster Law
Part one of the whiplash reforms, which launched on 31 May, ‘is an opportunity to iron out poor practises and simplify the claims journey’ says esure chief claims officer
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NewsMMC must not be confused with combustibility
The Grenfell Tower fire ‘underlined some of the systemic failings’ within the construction sector and highlighted the danger of combustible materials being used in building works
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NewsFootballer ordered to pay £5,000 following insurance fraud
A 33-year-old man scored a halfway line goal during a football match, despite claiming that he was unable to play after sustaining a foot injury in a road traffic accident four years ago
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NewsMark Farmer: Insurance and construction sectors ‘need to get closer together’ on MMC
Underwriters must work with construction businesses to understand how modern methods of construction aim to eliminate randomised and systemic risks
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NewsBuilding regulatory framework should not neglect other fire safety issues – ABI
The ABI’s director of general insurance policy argued that all buildings, regardless of height, should be safe
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Sponsored ContentCollaboration is key to whiplash reforms – Carpenters Group
Faye Fishlock, head of defendant insurance services at Carpenters Group tells Insurance Times why collaboration is key to whiplash reforms
