Claims
Insurance Mediation Directive II: Broking new ground
The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…
No compensation for 3000 asbestos victims not included in new scheme
A new insurer-funded government compensation scheme for mesothelioma victims has been criticised for excluding sufferers of other asbestos-related diseases who might have received financial support under the shelved Employers’ Liability Insurance Bureau.
€1.7bn Quinn Insurance administration costs is 'shocking', says High Court president
Justice Nicholas Kearnes has described the €1.65bn administration costs for Quinn Insurance as "truly shocking".
MIB boss slams Arsenal striker for driving without insurance
The Motor Insurers' Bureau has warned drivers without insurance that there is nowhere to hide after Arsenal footballer Nicklas Bendtner was found guilty of the offence.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
RSA Ireland teams up with Xactware on home insurance
RSA Insurance Ireland has adopted Xactware's claims management and assignment network, Xactanalysis, for its home insurance supply chain.
RSA Ireland adopts Xactware tool to increase supply chain transparency
RSA Insurance Ireland is to use Xactware's claims management and assignment network in a bid to enhance transparency throughout its home insurance supply chain.
Industry role for Canopius claims boss
Mike East, head of operations and claims at Canopius Managing Agents, has been named as the new chairman of the Lloyd's Market Association's claims committee.
CILA and Bournemouth University launch loss adjusting qualification
The Chartered Institute of Loss Adjusters and Bournemouth University have teamed up to launch a Master's loss adjusting degree in professional development.
Court of Appeal general damages clarification fails to appease Apil
The Court of Appeal has handed down a judgment confirming a 10% increase in general damages in most civil cases where judgment is given after 1 April 2013.
FSA clampdown on packaged deals gains support from industry player
Lifestyle Services Group director Andy Morris has hailed the Financial Services Authority's crackdown on packaged bank accounts as "a positive step for the insurance industry".
Guernsey may foot the bill for £2.6m payment scam
Guernsey's government may be unable to recover £2.6m after falling victim to a payment fraud, according to the island's deputy chief minister.
French court ruling could expose insurers to €16bn claims
French insurers and banks that own large insurance subsidiaries could be exposed to claims of up to €16bn from policyholders following a decision by the French Council of State.
Trio jailed after attempting to defraud Havering Council
Three fraudsters who attempted to con Havering Council out of an estimated £100 000 have received combined custodial sentences totalling seven months.
FSA tightens grip on package deals offered by banks
The Financial Services Authority has published new rules today requiring banks and building societies to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account.
Post Claims Club chair's monthly missive: Beach volleyball and insurance sop
On Wednesday this week I received an email from a Claims Club regular I have been in discussion with about speaking at the next meeting.
Lloyds GI profits fall 30% owing to PPI, pet and weather claims
Lloyds Bank's underlying general insurance profit decreased by 30 per cent to £158m (H1 2011: £226m) in the first half of 2012.
Council claims insurance fraud victory
Havering Council has avoided a fraudulent insurance claim that could have cost it £100 000 after the claimant pleaded guilty to contempt of court.
One Group confirms job losses
Travel claims and assistance specialist The One Group has confirmed redundancies following the loss of a contract with a key client.
BGL snaps up Dutch aggregator
BGL Group has acquired Dutch aggregator Verzekeringssite, further boosting its European footprint.
SMEs fear 'detrimental impact' of Eurozone crisis
More than one in 10 British SMEs have considered closing down in the past three months as a possible result of the economic situation, according to a new SME Risk Index from global insurer Zurich.
DAC Beachcroft appointment swells Dublin team to 30
The Dublin office of international law firm DAC Beachcroft has appointed a partner with expertise in professional negligence claims and commercial litigation to expand its reach into the Ireland and London insurance markets.
GAB Robins graduates experience weather claims surge response
GAB Robins' graduate recruits will start work more than a month ahead of the original September start date to experience handling the recent surge in weather-related claims.
Ince & Co opens office in Beijing
Ince & Co expands Greater China capability with new office in Beijing.