Personal Lines articles – Page 48
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NewsProperty claims for flood damage significantly drop
Industry commentators believe the decrease boils down to work done by the UK government and flood resillience schemes
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News AnalysisBriefing: New injury rules getting personal as lawyers respond to MoJ
Proposed changes would represent a ‘savings windfall’ for insurers, says association president
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NewsBackchat April 2023
Blanc speaks about misogyny on BBC Radio Four’s Desert Island Discs, a managing director runs a marathon and one Insurance Times journalist is in a play. You heard it here first…
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NewsNew ruling to ensure credit hire claimants must provide evidence of financial means
The ruling is expected to ’reduce friction and unnecessary legal costs from the process of settling credit hire claims,’ said Allianz Insurance
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News AnalysisFOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsAverage motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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NewsRSA announces departure from UK personal lines motor market
’We were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland,’ says chief executive
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NewsAssuredPartners makes new acquisition to help growth in south west
’I’m excited to combine our wealth of knowledge,’ says managing director
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News AnalysisBriefing: Cost of living crisis warrants consumer cover rethink
The extended warranty sector is seeing a ‘renaissance’ as costs rise sharply
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NewsNew insurance service launched for classic car collectors
’We are proud to launch this new initiative to market,’ the managing director of automotive and specialist insurer Hagerty said
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NewsIndustry faces ‘serious’ question over treatment of non-tariff personal injury claims
’The increase of wrist, elbow and knee claims has to be a real concern,’ the chief executive and managing partner of Horwich Farrelly warned
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NewsHNW clients more concerned about crime since cost of living crisis – Ecclesiastical
‘Brokers play an important role in helping high net worth clients understand the risks they are facing,’ says art and private client business director
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NewsOIC portal could come under ‘further pressure’
’Access to justice for those injured in road traffic accidents must remain paramount,’ says specialist personal injury legal body
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NewsSummer 2022 heatwave saw surge in subsidence payouts – ABI
Insurers are expected to pay £219m in subsidence claims for 2022 caused by last summer’s ’record breaking high temperatures’, says association
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NewsAnimal infestation home insurance claims on the rise
Home insurance claims relating to animal infestation are at ‘an all-time high’, according to new data
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NewsInsurers could reject customers’ cat cover as new law issued
A policy could be invalidated if chip details are not correct, a pet insurance expert warned
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NewsFlood Re completes East Peckham pilot to score properties’ flood resilience
The reinsurance scheme hopes its new flood resilience scoring could help underpin future insurer pricing
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NewsOngoing inflation is like motor insurance industry ‘kryptonite’
Solera’s vice president for industry relations tells Insurance Times why increasing inflation could be like kryptonite
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NewsPricing ’ping pong’ could force those in poverty to sacrifice insurance – SMF
The research claims those on the lowest incomes ‘continue to pay more for being poor’
