Motor – Page 102
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Net closes on uninsured drivers
Government commitment to continuous insurance enforcement following industry lobbying
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NewsInsurer LV= swoops for £150m Highway group
Managing director John O’Roarke sets out plan to expand the group into the motor market.
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News AnalysisLet the bidding begin
Mark Skinsley looks at the potential buyers for IAG’s UK business.
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NewsFive motor retailers fined for ‘serious’ PPI breaches
Financial regulator continues its crackdown on unsuitable sales.
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Which? report questions role of aggregators
Research shows customers can sometimes get better deals direct
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Comments/Letters
Personal lines can be a nice little earner
Deloitte’s Ian Clark says additional income streams are boosting motor broker incomes.
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NewsAllianz to raise motor premiums for worst brokers
Claims teams will also get more training to catch out frauds, says chief executive Torrance.
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News
FSA signals tough new stance with record fine for Hastings
£735,000 fine imposed for failing to provide customers with adequate assistance after policy cancellations.
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News
Quinn removed from RICS list
Insurer's withdrawal from rating service disqualifies it from surveyors' approval.
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Online onlyRBS set to shelve sale of insurance arm: reports
Analyst says that there is "less than 50% chance" bank will offload division.
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NewsInsurers vow to return to court after government U-turn on reform
Industry disappointed by watered down personal injury reforms as unions blamed for blocking employers’ liability cases.
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NewsUtley mulls IAG UK management buy out
UK chief says sale of Hastings and Advantage assets to be concluded by end of year.
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News AnalysisWhere next for Hastings and Advantage?
A closer look at the fallout from IAG’s decision to scale back its UK operations.
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News
AA to step into pay as you drive vacuum left by NU
AA investigating PAYD technology and hoping to pilot a scheme by next year.
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SupplementsMotor
Another year, another depressing set of results for the UK motor market. Once again, insurers struggled to realise a profit on their motor books, besieged on all sides by soft rates, aggregators, and spiralling levels of fraud. This year, insurers released a record £1bn of reserves to prop up their ...
