Claims News

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CCTV exposes jailed fraudster in bus crash scam

The fraudster claimed to be severely injured when a bus hit his car… except he wasn’t in it

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MASS accuses MoJ of ‘cutting corners’ in whiplash portal development

In a letter sent to Rt Hon David Gauke MP, MASS says the MoJ is “cutting corners” and choosing “the worst option available” to meet a “policitcally driven deadline”

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Average cost of inland flooding three times more without defences

Industry calls on government to increase flood defence spend following the release of research by the ABI

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Trio jailed for £28k crash for cash whiplash fraud

The trio were travelling at 50mph on the motorway when they performed and emergency stop, causing a crash

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Travel payouts at its highest level since 2010

ABI figures show the average medical claim on travel insurance surpassed £1,300 for the first time ever, yet premiums are down

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MIB loses court ruling opening it up to private land claims

Ruling could have major implications for claims costs

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Allianz announces further cuts to claims staff as 128 put at risk

Allianz first cut claims staff last year, when 80 were lost when it closed its Manchester call centre and merged its Bristol and Milton Keynes centres

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Value of fraudulent claims drops by 11% – Aviva

Aviva detected 16,700 fraudulent applications for policies in 2018, an increase of 20% compared to 2017

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Claims Analysis

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The motor market will get tougher before it gets better - Covéa chief

Covéa chief executive James Reader talks to Insurance Times about the increasingly difficult motor insurance market, while announcing measures to reduce car theft through keyless technology

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'Deliver underwriting profit, or risk the loss of capacity' - GRP Underwriting boss

GRP underwiting CEO Clive Nathan speaks to Insurance Times, identifying which MGAs could struggle in the future

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Allianz can weather claims inflation storm, insists Dye

Fundamentals such as underwriting and pricing key to surviving in the market

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Government strategy boosts industry efforts to improve flood resilience

The Environment Agency has launched a long-term strategy to tackle flooding and coastal change

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