Claims – Page 60
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News AnalysisInsurers must ‘adjust reserves accordingly’ as PI ruling will ‘significantly add’ to claims costs
The Swift v Carpenter ruling set the bar for accommodation costs in personal injury cases involving a long life expectancy and low interest rates, but what is the financial domino effect on insurers? Insurance Times takes a closer look
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NewsIrish insurer offers partial premium refunds to some pub owners over BI confusion
However, it is reported that less than 10 pubs will be receiving this support
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NewsCar insurance premiums on the rise after 2020 dip – MoneySuperMarket
The comparison site attributes the increase to looser lockdown restrictions in Q4 2020
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NewsOpportunity around green parts is ‘too big to miss’ says Ageas UK claims director
The impact of the Covid-19 lockdowns last year enabled green parts to step up to the plate and fill distribution gaps in repair supply chains
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NewsEcclesiastical recommends preventative measures after gang sentenced for church metal thefts worth £2m
The gang of four men swiped lead from more than 20 churches over a two-year period
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NewsLexisNexis Risk Solutions launches email address validation tool to combat application fraud
The tool is designed to streamline the quote process, free up insurer resources and assist with identifying fraudulent policies
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NewsEngagement in the FCA’s BI court process ‘a good thing for the industry’ says Ageas claims boss
The insurer’s claims director believes the insurance sector has taken a ‘collaborative approach’ to dealing with the BI claim fallout arising from the coronavirus pandemic lockdowns
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NewsQuarter of a billion worth of claimant damages stuck in litigation process – Zurich
Road traffic accident claimants are having to wait for more than a year before being heard in court, finds the insurer’s analysis
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NewsNew Dawn Risk warns of pressures on commercial SME buyers and newer products
New Dawn Risk’s chief executive gives his predictions for insurance consumer confidence as the UK is plunged into lockdown yet again
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FeaturesChanging agricultural trends set to influence farmers’ insurance needs – McLarens
Leaving the European Union will mean plenty of change for UK farmers, including the diversification of crops away from just food production. Insurance Times explores how this will impact on farmers’ insurance requirements as the agriculture sector’s risk profile grows
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NewsSix biggest business risks pinpointed for year ahead
The need for robust organisational resilience plans and resources to ensure employee wellbeing are essential in the ‘new normal’
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NewsD&Os face rise in insolvency claims
Corporate bankruptcies will be a strong driver of D&O risk in 2021 in the UK and Germany, predicts Clyde & Co
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NewsDeer in the swimming pool, exploding ovens – Aviva reveals most bizarre claims
One claim saw Aviva assisting one customer after his car was struck by a toilet cistern which fell from a passing tipper truck, the release of these coincides with its latest TV ad
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NewsOpinion: Preparing for the next wave of claims
Climate change is so big that we do not even see it as a wave that may “break” and cause havoc for us, writes Hans Læssøe, founder of AKTUS
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NewsConveyancing firm’s demise highlights solicitors’ PI cover crisis
The 24 staff of conveyancing firm Notary Express should have been enjoying a well-earned Christmas break after a successful year. Instead they are having to find another job because no insurer will cover the professional indemnity risk
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NewsMotor premiums fall by 2.5%
Figures for the last six months show a decline in premiums as fewer journeys made during lockdown
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NewsConvex parts with SCOR to secure post-Brexit EU access
Partnering with an EU entity is one of several ways by which a UK insurer or broker can continue to trade on the continent after Brexit
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NewsZurich manhole injury fraudsters jailed
Pair tried to defraud Zurich insurance after claiming they sustained injuries from falling down an open manhole
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NewsMotor insurers predicted to save £4.4bn on claims payouts this year
A dramatic shift in vehicle use has led to a decline in claims this year
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NewsPet insurance price hikes continue unabated
Pet ownership has been on the rise during the pandemic
