Claims
BIA Countdown: Achievement winner reflects: Q&A with Ashton West
Since their inception, the British Insurance Awards have become the unrivalled badge of excellence for the insurance sector, raising standards across the industry through their showcasing of best of breed performance and innovation.
Couple sentenced for £1.1m life insurance fraud
A man who faked his own death and his wife were sentenced to prison today after fraudulently claiming £1.1m from life insurance policies and investments.
Fraud Focus: Will fraudsters flourish?
Reported fraud levels are on the rise, the number of motor claims being retained on the Ministry of Justice portal remain high, fraud litigation volumes are decreasing, and average damages payments are rising and qualified one-way costs shifting is now…
Comment: Health hazards post-flooding
The health impact of mould and bacteria after a flood event are generally overlooked
Cunningham Lindsey launches forensic advisory division
Cunningham Lindsey has launched its UK forensic advisory services division giving detailed analysis around the financial loss elements of a claim.
AIG urges business leaders to be more aware of personal risks
Nearly two thirds of business leaders do not feel their personal assets are very exposed to management liability actions, according to research from AIG.
Families receive MH370 compensation payouts
Families of passengers on missing Malaysia Airlines flight MH370 have begun receiving compensation payouts of $50 000 (£29 454).
Met seizes 100 000th uninsured car in London
The Metropolitan Police Service has seized its 100 000th uninsured vehicle in London.
Your say: More than technology to tackle fraud
The recent article on SSP’s behavioural anti-fraud weapons certainly highlights the difficulties in accurately detecting and eliminating application fraud.
Ageas rolling out commercial and subsidence claims reviews in 2015
Ageas is set to follow the completion of a household claims review with an investigation into its commercial and subsidence panels next year, Post can reveal.
Ageas finalises household claims reshuffle
Ageas has completed a restructure of its household claims suppliers, appointing 21 members to its new panel.
Hong Kong ferry crashes in Macau
A TurboJet ferry traveling from Hong Kong to Macau crashed into a breakwater in Macau harbour on Friday morning injuring 70 people.
Biba welcomes ‘encouraging’ competition proposals
The British Insurance Brokers’ Association has issued its support to proposals from the Competition and Markets Authority to improve the UK’s dysfunctional motor market.
CHO hails competition probe backing for modified GTA
The Credit Hire Organisation has welcomed the Competition Market Authority’s proposals this morning as a validation for the general terms of agreement held between insurers and credit hire firms.
Mass critical of CMA stance on repair networks
The Motor Accident Solicitors Society has condemned the findings from the Competition and Markets Authority, which said the watchdog would not investigate repair networks further.
CMA probe provides ‘little respite’ for insurers, says analyst
Proposals from the Competition and Markets Authority issued today will provide little support to the relief for insurers hoping to boost performance, according to Shore Capital analyst Eamonn Flanagan.
Quindell shares down 20% at close after premium listing block
The value of Quindell’s stock has plummeted by 20% following the revelation the firm would not be able to attain a premium listing.
Quindell blocked from premium listing move
Quindell will not be allowed to move to the London Stock Exchange’s main market, it has emerged, as a result of its rapid expansion.
DAS pre-tax profits up 9% for 2013
Legal expenses insurer DAS has reported a 9% boost in pre-tax profits for 2013, with figures reaching a total of £12.1m.
Editor's comment: What's under the wrapping paper?
Surprises for the insurance industry usually come in the form of floods, fires and windstorms, so it must have been a welcome change for the sector this weekend when Justice Secretary Chris Grayling handed them a more pleasant gift by stepping up the…
RMS opens Singapore office
Risk modeling firm RMS has opened their fourth office in Asia with a Singapore branch.
Riot Act compensation cap threatens ‘ghettoisation’ of UK towns and cities
£2m turnover limit ‘not reflective’ of small businesses in 2014
‘User pays’ fees mooted for Claims Portal must be treated with caution
System is expected to be introduced in the fourth quarter of 2015
Call for fraud reform clarity over ‘fundamental dishonesty’ definition
MoJ plans include a ban on incentives to claimants and pre-medical offers