Claims – Page 317
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Online onlyIndex reveals £22m cost of self-drive hire fraud
This second edition of the Hill Dickinson Claims and Fraud Index, published exclusively by Insurance Times, shows for the first time the extent to which motor insurance fraud is prevalent in the self-drive private hire car market
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Online only‘CMA investigation had a flat tyre before it hit the road’ – Aviva’s Wilson
Aviva group chief executive Mark Wilson said the Competition and Markets Authority probe into the private motor insurance market did not have the right scope to be able to deal with inflated claims costs
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Agenda'Insurers must keep their promise on premiums'
Long an advocate of the insurance industry during his time in parliament, Jonathan Evans, who is set to retire from the House of Commons, says the industry must keep its side of the bargain on legal reforms
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Markets & RisksIndustry split over success of EL/PL portal
Critics say portal is not fit for purpose, with only one-third of EL cases staying within it, while others believe the system will repeat success of motor portal
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Online onlyTechAwards 2014: winners revealed
Moneysupermarket.com’s Tim Jones is named CIO/CTO of the year
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Online onlyCMA probe: watchdog defensive of lack of action on credit hire
Probe leader Alasdair Smith said the Competition and Markets Authority was left with no alternative option for tackling inflated credit hire costs
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Online onlyCMA probe briefing: a 288 page report but not a lot of action
The Competition and Markets Authority private motor insurance probe was meant to solve the problem of credit hire and drive down costs. But with no remedies put forward for tackling inflated claims costs, has the investigation been a costly missed opportunity?
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Online only
CRIF launches insurance data hub
Decision Hub will provide access to all of CRIF’s Insurance Bureau Services
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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
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NewsCMA probe: Lloyd’s market considering appeal
The Lloyd’s Market Association has been critical of the probe into the private motor insurance market
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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
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News
IFED arrests 11 in nationwide personal injury fraud crackdown
Police probe potentially exaggerated and false claims following tip-offs from insurers
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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
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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
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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
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Online onlyCMA probe: aggregator pricing agreements banned
But no action is taken on inflated credit hire costs
