Claims
FCIM appoints Auto Windscreens as sole supplier
Online motor intermediary First Central Insurance Management has appointed Auto Windscreens as its sole supplier, three months after the glazing repair firm was bought out of administration.
Spotlight on Reputation: Putting the wheels in motion
While the Retail Distribution Review does not cover general insurance brokers, Jane Bernstein discovers that this sector is already putting in place efforts to raise professional standards.
Ten years on, liquidator admits there was an Indy rescue plan
The joint provisional liquidator of Independent Insurance Dan Schwarzmann has said Pricewaterhouse Coopers is hopeful that a scheme of arrangement can be agreed by the end of the year, a decade after he was first appointed to the beleaguered insurance…
MA Assist seals Plus One repair contract
Insurance repair specialist MA Assist has signed an exclusive deal to provide building repair and validation services for Plus One Services.
Motor Focus - Premium Challenges: Mauled by the media
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Lamp lines up ABS targets as Thai operation opens
Gibraltar-based legal expenses and private medical insurer Lamp is targeting $500m (£305m) premium in the first two years of its new Thailand operation.
Ten years on, liquidator reflects on Indy failure - Insurance News Now - 16 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how ten years on from Independent Insurance going into liquidation, PwC's Dan Schwarzmann is hopeful a scheme of arrangement being agreed by the end of the year.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Brokers call for harsher fraud deterrent
A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.
SFO announces plan to build closer ties with the City
The Serious Fraud office has announced plans to forge stronger ties to the City of London and to the City of London Police.
Beachcroft: FSA product intervention marks “a major U-turn” in approach
Matthew Rutter, financial services partner at Beachcroft, has said the FSA’s feedback statement on product intervention – its powers to stop or intervene over financial services products – marks a major U-turn in its approach.
XL estimates US weather losses of $75m
XL Group has estimated that severe weather occurrences, including tornado activity, in the US in April and May caused losses of $50m to $75m, with the majority attributable to XL’s reinsurance segment.
Man pleads guilty to faking his death in insurance scam
A man has has pleaded guilty to faking his own death in Honduras to claim insurance benefits and claiming pensions relating to another person.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.
Post Europe: View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
Career development & CSR: Himalayan trek challenge win
Staff from loss adjuster Questgates beat three other teams and raised £12 000 in The Prince's Trust Himalayan Action Insurance Challenge.
Career development & CSR: CILA and III to mutually recognise qualifications
The Chartered Institute of Loss Adjusters and the Insurance Institute of Ireland have reached an agreement to formally recognise each other's qualifications to promote closer co-operation and encourage professional development both in the UK and Republic…
Airmic 2011: New contract clause seeks to prevent claim avoidance
Inadvertent omissions in underwriting information will no longer allow insurers to walk away from claims. At least, that is the hope of corporate buyers preparing to insist on the inclusion of a new model clause in contracts unveiled on Tuesday at the…