Claims
11 December: Snap-happy sea-lion
Lost or stolen cameras are probably one of the more common travel insurance claims. But the nature of this one was slightly more imaginative than the usual.
10 December: Ram raid
The peace and tranquillity enjoyed by Mr Policyholder on his Scottish holiday was brought to an abrupt end by an anti-social sheep.
Scottish storm: GAB Robins receives building damage claims
Following gales of up to 165mph recorded yesterday, GAB Robins has received a large number of storm-related claims from weather beaten Scotland, Cumbria, Lancashire and Cornwall.
Scottish storm: Domestic insurers to bear brunt of losses
Domestic household insurers are set to take the brunt of insured losses from the Scottish storm as PwC estimates it could plunge the country’s economy £100m into the red.
9 December: Tourist attractions
The architecture isn’t the only thing that attracts visitors to Amsterdam.
NI to bring pleural plaques legislation
New legislation is to be introduced in Northern Ireland next week allowing pleural plaques sufferers to claim compensation.
GAB Robins ready for Bawbag damage
George Bentley, client services director of loss adjuster GAB Robins, has doubled the number of adjusters available on call to handle severe weather this week and is proposing to open its offices for longer hours, if needed.
Young women could see 11% rise in car premiums due to gender ruling
A study quantifying the economic impact on European consumers of the EU's gender ruling will hit young women hardest, with an 11% rise in car insurance premiums.
Ai Claims hires COO from Homeserve
Blackpool-based accident management business Ai Claims Solutions has hired Simon Pook as the company’s first ever chief operating officer.
Car thieves target defrosting vehicles, ABI warns
Motorists leaving their cars to defrost and warm up this winter risk being left out in the cold as thieves target vehicles left unattended, the Association of British Insurers has warned.
Loss adjusters ready for Scotland storms
Loss adjuster Cunningham Lindsey is on standby to deal with the storms forecast to hit Northern England this afternoon.
Calls for stricter ID checks to clamp down on plant theft
The Metropolitan Police has issued a plea to the insurance industry to introduce harsher ID checks before issuing policy cover in a bid to prevent finance and hire vehicle fraud.
Lloyd’s underwriters “looking at Conrad Murray conviction"
Lloyd’s underwriters are examining the impact Dr Conrad Murray’s manslaughter conviction for Michael Jackson’s death will have on their legal battle with AEG Live.
Munich Re puts €500m on Thai floods
Munich Re has estimated that the Thai floods will cost it €500m net before tax, but warned the figure could be higher.
Penny Black’s insurance week
With the festive period almost upon us Penny took a break from Christmas shopping to attend the numerous seasonal outings on offer from the ever-generous folks in the insurance world.
Law report: Unwelcome result for BTE market
This law report has been contributed by national law firm Berrymans Lace Mawer.
Zurich calls on government for clearer winter advice
It is not just the responsibility of businesses to prepare ahead of extreme weather, but a “necessity” of government to support businesses, communicate clearly and provide advice, according to Zurich.
Editor's comment: Impacting the market
Market-turning they may not be but market-impacting they evidently are. Revised loss estimates for the 1500 industrial units hit by the Thai floods have reached $20bn.
Equalisation reserve changes to impact insurers
Legislative changes to claims equalisation reserves will disadvantage insurers, a PwC analyst has warned.
News analysis: Escalating loss estimates in Thailand begin to trigger market fallout
It was the worst flooding Thailand had seen for 50 years and, during its four-month spell, more than 600 people died and 77 provinces were submerged in water.
Market moves: ‘Tis the season for recruiting
As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.
Claims club: Claims teams must gear up to provide Solvency II documentation and evidence
Claims handlers are not exempt from the Solvency II requirements, according to Lloyd’s boss Luke Savage. The finance, risk management and operations director warned attendees that claims teams would have to ensure their documentation, technical provision…
Claims club: Dominant directors to blame for low risk awareness
A corporate “glass ceiling” is preventing businesses from responding adequately to crises, due to the dominance and unwillingness of directors to listen to concerns on risk management.
Claims club: Industry warned over 'slow and amateurish' police riot response
The insurance industry has been told to brace itself for “slow and amateurish” responses from police authorities to riot-related claim submissions.