Claims
Telematics key in combatting motor fraud, according to Octo
Octo Telematics is predicting telematics products could see the end of motor fraud tactics such as crash for crash schemes and bogus whiplash claims.
Devastation escalates after Philippines' super typhoon Haiyan
Catastrophe modelling firm AIR Worldwide says devastation in the Philippines following last week’s super typhoon Haiyan is continuing to escalate.
Insurers warned to brace for escape of water claims surge
IFIC Forensics has warned insurers to brace themselves for an influx of escape of waterclaims, as weather experts forecast the beginning of the coldest winter in 100 years this November.
North East sees biggest rise in road deaths and injuries
The North East of England has seen the biggest increase in accident rates for killed and seriously injured people in 2012, according to IAM’s analysis of recent data produced by the Department for Transport.
Thousands dead after one of strongest typhoons in history
The death toll could surpass 10,000 in the Philippines as the country counts the costs of typhoon Haiyan which made landfall over the weekend.
Riot Damages Act consultation will be out by December
Policing, criminal justice and victims minister Damian Green has confirmed the government will launch a public consultation on the Riot Damages Act 1886 by the end of the year.
RMS predicts Haiyan as strongest tropical cyclone in history
Catastrophe risk modelling firm RMS has said category five super typhoon Haiyan, which hit the Philippines today, could be the strongest tropical cyclone in history.
Medical whiplash panels at risk of being insurers' 'captives' MP tells Commons
Independent medical panels were criticised in a parliamentary debate yesterday on motor insurance and whiplash claims, as being at risk of becoming 'captives' of the insurance industry.
Further reviews of Jackson reforms unlikely, Justice Ramsey says
The judge in charge of overseeing the implementation of the Jackson reforms has said it is unlikely further areas of the recommendations will come under review.
Fraudster granny handed three months in jail pending appeal
A grandmother who falsely tried to claim £750 000 for an injury has been handed a jail sentence pending appeal for contempt of court.
Join a fantastic evening for claims professionals in Asia
There is still an opportunity to attend the Claims Awards Asia on 19 November in Hong Kong, a fabulous networking opportunity for claims professionals in Asia.
Zurich's Cawley set to depart as insurer unveils 121 job losses
Zurich’s UK personal lines claims director Jon Cawley will leave the company at the end of this year, as part of a restructure of the firm’s UK personal lines and property claims teams.
Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) to be “achievable” for the full year after achieving profit of €2.2bn for the first nine months.
AIR Worldwide estimates total windstorm losses could reach £1.9bn
Catastrophe modelling firm AIR Worldwide has estimated total insured losses from windstorm Christian will range between €1.5bn and €2.3bn (£1.9bn).
Ventris leaves Cunningham Lindsey 'by mutual consent'
Neil Ventris, director, London markets, is to leave Cunningham Lindsey UK after five months in the role.
Blog: Will Lloyd's lay down a marker and hire its first female CEO?
“I did not break down the barriers; they were broken down for me by the members of Lloyd’s in a very charming way.”
Post Magazine - 7 November 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
DAS puts commercial products on Acturis
Legal expenses insurer DAS has launched its loss assistant business product and commercial legal protection products on Acturis.
LMA launches new e-claim file site
The Lloyd’s Market Association is to launch an electronic claim file website on 18 November.
ABI predicts St Jude storm to cost insurers £130m
The Association of British Insurers is estimating insurers will have to pay out £130m to policyholders following last week’s St Jude storm.
XL swoops for AIG’s Europe claims boss
XL has recruited AIG’s chief claims officer for Europe to replace the outgoing Graham Lambourne as head of international P&C claims.
Crawford sees Q3 global revenues drop as Thai flood claims taper
Adjusting giant Crawford has seen its total consolidated global revenues fall 3% in the third quarter of 2013, with the Europe, Middle East, Africa and Asia Pacific regions witnessing revenues tumbling by 12%.
Your Say: Give brokers the backing they need
The news reported by Post that general insurance is now second only to payment protection insurance in the volume of complaints received and upheld by the Financial Conduct Authority is, on the face of it, a damning criticism of our industry.
C-Suite: After the storm
The response by insurers in the aftermath of St Jude showed the importance of the industry.