Claims
Claims v underwriting: Bridging the divide
While sharing the same goals, claims and underwriting are often disparate divisions. What can be done to help unify these two departments?
Pleural plaques: The definition of harm
It is now possible to seek compensation for pleural plaques in both Scotland and Northern Ireland, but not in England and Wales. How will this impact the insurance industry?
Post magazine – 12 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Names protest group calls for Lloyd's meeting over Equity censure
A Names protest group that was burdened with losses from Equity Syndicate’s 2007 account is seeking a meeting with the Lloyd’s Enforcement Board to discuss the findings of its investigation.
Deloitte predicts household premium rises of up to 10% in 2012
Household insurance premiums are likely to rise between five and 10% in 2012, according to Deloitte.
IAG revises half year perils outlook after Xmas day weather claims
Insurance Australia Group has confirmed that its Australia Direct and CGU businesses had received to date approximately 24 000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day.
ATE insurer Elite enters solicitors' PI market in dramatic u-turn
Legal expenses provider and after-the-event insurer Elite Insurance Company will be entering the solicitors’ professional indemnity insurance market this year in a dramatic u-turn to its position last year.
Russian plant firms face ten-fold premium rises after new law
Stringent new legislation relating to the management and insurance of plants dealing in hazardous materials in Russia is set to have far-reaching implications for companies operating in the country.
Extreme UK weather behind car claims increase
The storms that battered parts of the UK brought a 28% increase in car insurance claims over the first five days of January, compared with the same period last year, according to the AA.
BDO says insurers reduce large fraud
The finance and insurance sector accounted for 27% of reported fraud in 2011, compared with 56% in 2010, according to BDO’s annual Fraud Track.
Delta signs up fifth franchised adjuster
Franchise liability adjusting business Delta Claims Services has signed up its fifth owner operator, Tamara Hamilton-Thomas.
A windstorm for the insurance market
As the market gradually starts to digest the recent European renewals, Francesca Nyman considers the increasing challenge that European windstorms pose and whether insurers are adequately protected against this risk.
Natural Catastrophes poll
The sequence of earthquakes and large number of weather-related catastrophes have led some insurers to brand 2011 the costliest year ever in terms of natural catastrophes.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
DWF completes Crutes merger
Law firm, DWF, has completed its merger with Crutes and says it plans to further invest in its Newcastle presence.
Post magazine – 29 December 2011/5 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Stormy weather creates conditions for household rate rise
The recent winter storms in England and Scotland could lead to further rises in household premiums, according to PwC.
Charles Taylor appoints business development executive
Charles Taylor Insurance Services has expanded its business development team with the appointment of James Savill as business development executive.
Pipe and cable survey data to cut claims
Mitsui Sumitomo at Lloyd’s has partnered with LTU to help its UK construction and utility clients avoid claims from damaging underground cables and pipes when digging.
Dolmans takes on four in Wales
Dolmans law firm has made four new appointments to strengthen its Welsh practice.
Your Say: Loss adjusting on the up
It was with some disappointment that I read the article in Post entitled ‘Alternative Methods’. It is clear the article was written to a specific agenda but, that aside, there were a number of statements I feel obliged to challenge.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Unified response called for as metal theft cases see substantial increase
Insurers are demanding a unified fight for changes to scrap metal sales to cut a spate of thefts, thought by the police to be worth more than £800m — but insurers argue consequential costs could run much higher.
Loss adjuster hails insurer regional returns
MYI has claimed recent senior hires in Ireland and the UK are symptomatic of an industry-wide move back to strong regional offices.