Claims
Questgates extends Zoom capabilities following Storm Desmond chaos
Loss adjuster Questgates is extending its Zoom capabilities following an increased demand for its high level survey offering in the aftermath of Storm Desmond.
Blog: Getting people back on their feet after Storm Desmond
Crawford's Paul Lofkin describes his experience of assisting in the clean-up of flood-affected homes and businesses in Appleby following Storm Desmond.
Buncefield Anniversary: A look at the explosion and the fallout from it 10 years on
The explosion at the Buncefield oil depot on 11 December 2005 was the largest explosion ever in Europe during peacetime. Safeguards failed and as a result a fuel tanker overflowed.
MRO to appeal judicial review decision on Medco
Medical reporting organisation Speed Medical is to appeal the judgment in its judicial review into the implementation and operation of Medco.
IFB strategy approved by ABI council
The Insurance Fraud Bureau's strategy plans were officially signed-off today (11 December) giving the green light to stretching its mandate from organised motor to property and liability fraud.
More flooding predicted as Cunningham Lindsey reports 20% major commercial losses
Thirty-five per cent of the claims so far received by loss adjuster Cunningham Lindsey in the wake of Storm Desmond are commercial, of which 20% are deemed major losses.
Quiz of the week - 11 December
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Blog: Wet cricket grounds don't make for slippery liability
Today we are all more acutely aware of the dangers, as well as the benefits, of playing team sports, with umpires or referees often being in the front line of ensuring player safety. Many might not regard cricket as dangerous but, recent events have…
IFB joins forces with ICO in fraud fight
The Insurance Fraud Bureau has formalised its data-sharing agreement with the Information Commissioner’s Office in a bid to track misuse of personal data in insurance fraud.
Credit hire issues on the table at government motor reform meeting
Credit hire was on the agenda at a high-level government meeting yesterday (9 December) discussing the Autumn Statement, Post understands.
ABI outlines 10 point commitment to flood-affected customers
UK insurers have a critical role to play in the floods according to the Association of British Insurers, who today (9 December) outlined the industry’s commitments to those affected by this week's rainfall in Cumbria.
Fitch warns of insurers' ability to absorb cost of further storms
Fitch Ratings has deemed losses from Storm Desmond will be manageable for insurers but will impact the sector's ability to absorb further weather-related losses over the winter, should they occur.
Benefits of resilience bonds heralded in framework launch
Catastrophe modelling firm RMS has launched the framework for a resilience bond designed to help manage financial risk from catastrophes while promoting investment in infrastructure that will minimise physical risk.
Kennedys expands in Scandinavia with merger and associations
Law firm Kennedys is expanding its international reach in Europe through agreements with three Scandinavian firms, which come into effect from 1 January 2016.
Government pledges £50m fund to flood victims
Chancellor of the Exchequer George Osborne has announced a £50m fund for families and businesses affected by floods in Cumbria and Lancashire in today's (9 December) Prime Minister's Questions session.
Blog: Devastation - and determination - a personal account of flooded Kendal
If there is one word to describe what I have seen in Kendal over the last few days, it is devastation. Having lived in the town most of my life, it's heart-breaking to see the usually tidy streets of semi-detached houses with their well-tended gardens…
Chubb introduces cyber-bullying cover for HNW products
Chubb policyholders who become victims of cyber-bullying may claim up to £50,000 towards professional support, lost income and temporary relocation costs under their home policy following changes to the insurer’s private clients offering.
DWF opens Brussels office
Law firm DWF is opening an office in Brussels to provide greater competition and regulatory support to its global insurance clients.
83 postcodes affected as 32mm of rain predicted to fall
Loss adjuster Cunningham Lindsey has received storm and flood claims from more than 83 UK postcode areas, as more heavy rain and wind gusts are predicted for the Northwest today (9 December).
Flooding in India highlights planning weaknesses, says Aon Benfield
Aon Benfield's modeling team Impact Forecasting believes India and other countries in Asia need to learn quickly from recent dramatic flooding.
Man-made BI risk greater than threat from natural disaster
Business interruption claims are largely from man-made events despite risk managers fearing natural catastrophes disrupting supply, according to a report by Allianz Global Corporate & Specialty.
Editor's Comment: A once-in-100-years opportunity?
This week, as climate change experts gathered in Paris to discuss future targets, Cumbria was hit by its second deluge of flood waters in six years as Storm Desmond ravaged the UK.
Insurance industry praises flood defences as Cumbria faces second deluge in six years
Insured losses in Cumbria caused by Storm Desmond have been tipped to eclipse the £175m of claims from flooding in the area in 2009, but industry commentators have praised the mitigation impact of flood defences.
Serious motor claims costs rising as government looks to lower premiums
Motor insurers are facing increasing claims inflation on major injury claims, according to a report from the Institute and Faculty of Actuaries, which could affect future earnings forecasts.