More insurers have posted swingeing losses as a result of the discount rate cut.
Insurers could face a £3bn bill from the discount rate cut, with individual motor premiums rising by an average of £100.
Live reactions from the market to the decision to slash the discount rate (please bear with us as this page can take 30 seconds to load).
The Association of British Insurers has warned that cutting the discount rate so severely was a “crazy decision” that will affect millions of motorists.
Direct Line will see a blow to profits of up to £230m from the discount rate cut, the company said.
The discount rate cut will add between £140m to £175m to Admiral’s claims settlement bill, the insurer said.
Elizabeth Truss, Lord Chancellor and Secretary of State for Justice, has decided to implement the Ogden discount rate at minus 0.75%, a change from plus 2.5%.
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Allianz said it is looking forward to “more clarity” over whether insurers have access to collision data should a driverless car be involved in an accident.
A raid was carried out on a London address linked to the illegal access of customer details from a nationwide car repair company.
Personal injury took on a new meaning for me this week when I discovered a bruised ankle picked up during a recent paragliding adventure was actually a bad break.
Insurers expect to see as many storm claims in the next two days as they’ve seen for the whole of the year so far.
Despite a number of air accidents over the past few years, safety when flying has improved dramatically. However, overcapacity and a lack of profitability could be affecting the market
Two firms that underwrote insurance that offered “little or no value” to customers, will contribute to a £12.5m redress.
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New Zealand's insurers are still paying out huge sums for the devastating earthquakes in Christchurch in 2010 and 2011.
Over 17,500 claims have been lodged after an intense hailstorm hit Sydney on Saturday 18 February, according to the Insurance Council of Australia.
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South Korean shipping giant Hanjin Shipping has been declared bankrupt months after creditors lost patience with the debt ridden company.
Council representing six of the seven ex-Autofocus employees standing trial for contempt of court have withdrew an application to limit the scope of the case against their clients.
Zurich paid out almost £2bn in UK claims payments over the course of last year, the group has revealed.
Watchstone Group’s Canadian subsidiary Hubio Solutions has issued a claim in the Ontario Superior Court of Justice against Aviva Canada.
Former footballers facing dementia in later life could seek compensation from insurers as a result of evidence linking the disease to heading the ball.
Global insurance giant AIG saw losses widen in Q4 2016 following a $5.6bn (£4.5bn) pre-tax charge to boost its reserves for prior year commercial claims.