Claims News

personal injury

Why Ogden is not over yet

The Ogden discount rate may have been set for the next few years, but that does not mean the changes are over. Insurers are still working out what a negative discount rate means for the industry, and further changes may be appearing on the horizon sooner than many may realise

Jim Pittman and Jeremy Hyams (1500x900px)

Claims Consortium Group seals deal for Stream Claims Services

Chief executive Jeremy Hyams said the acquisition will “create a scalable adjusting service”

school corridor

Zurich Municipal calls for action to tackle lack of school fire protection in England

Five of the biggest fire protection risks include lack of sprinklers, building combustibility and modern construction methods, fire detection, arson, as well as housekeeping and smoking controls

flats fire

Worcester Park fire reawakens concerns over modern methods of construction

The insurer is working with the Metropolitan Thames Valley Association to ensure residents receive needed support

Blenheim Palace

Insurers on alert after Blenheim Palace £4.8m gold toilet stolen

The theft of the fully functional 18-carat gold toilet could spark a hefty claim

flood

Flood Re welcomes additional government funding for flood defence projects

The government hopes to set out its policies to better prepare the UK for flood and coastal erosion in a government policy statement by the end of 2019 

LV= executive murder

Gefion sues Lloyd’s coverholder

The Danish insurer blames the Lloyd’s broker and a UK claims management firm

man in van

Claims costs more than double for van tool theft

The claims cost for theft of tools has surpassed last year’s figure

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Claims Analysis

personal injury

Why Ogden is not over yet

The Ogden discount rate may have been set for the next few years, but that does not mean the changes are over. Insurers are still working out what a negative discount rate means for the industry, and further changes may be appearing on the horizon sooner than many may realise

Crash for cash

Analysis: The challenges motor (re)insurers face amid Ogden reform

Changes to Ogden every five years, reinsurance price changes and rising cost of care are just some of the challenges post-Ogden change

flats on fire

Insurers back government sprinkler plans, but after Worcester Park fire do they go far enough?

The fire has prompted the question as to whether sprinklers should be made compulsory for all flats, regardless of height

Zurich fraudster jailed

‘The tide has turned’ on fraudsters as the industry reacts to the latest ABI figures

Industry appears mostly encouraged by latest fraud figures, but still see a long journey ahead, while one questioned the return on investment

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