Claims
QBE CEO content with alllowances for large claims after $470 Q1 hit
QBE has revealed that its estimated large risk and catastrophe claims, which are defined as net claims of $2.5m and above, for the year to date are $470m. This compares with an estimated net $430m for the same period in 2009.
Questgates grows counter fraud team
Questgates has strengthened its counter fraud team with the appointment of Sally Maeers and Mark Woodhead.
Conflict of interest rules nothing new
I read with interest the article 'CILA fends off conflict of interest criticism’(www.postonline.co.uk/1601323) in relation to the proposed revision of the Chartered Institute of Loss Adjusters' guide to professional conduct. However, I am struggling to…
View from the top - Personal injury claims:the 'social norm'
'Where there's blame, there's a claim' has become a common phrase. To the person on the street, it is a light-hearted term. To our industry, it is a demonstration that making a personal injury claim has become the 'social norm'. This is something we must…
Comment - MOJ rules and rehab: In at the start
The introduction of new rules for low-value personal injury claims should see rehabilitation take a more central role in the claims process, argues Wilson Carswell.
Comment - Deafness claims: Have you heard?
Noise-induced hearing loss claim volumes show no sign of abating following a recent precedent. David Pugh explains how Lord Justice Jackson's proposals could at least stem the costs.
Interview - Mike Webb: Computing the cloud crisis
The recent volcanic ash cloud has brought travel insurers such as Mondial Assistance under the microscope. Jonathan Swift talks to the firm's EMEA regional director Mike Webb about the impact of Eyjafjallajökull and why prices need to rise for a more…
Property claims - Conference news: Council leader praises trade bodies over Cockermouth
Allan Haile, assistant director of economic development at Cumbria County Council, praised the collective support of the Association of British Insurers and the Chartered Institute of Loss Adjusters during the Cockermouth floods in November 2009.
Property claims - Conference news: Property repair should be more proactive claims CWMC MD
The property repair sector could be more proactive in introducing sustainable building practices rather than being coerced into change by new regulation, the managing director of claims management consultancy firm CWMC has advised.
Property claims - Conference news: Green 'sea change' must be considered
A change in consciousness towards climate change and wider green issues is driving a transformation in environmental standards and building design, according to Martin Townsend, director of BRE Environmental Assessment Method, BRE Global. BRE Global…
Property claims - Conference news: Flood research facility is mooted by working group
Tim Humphreys, policy adviser at the Association of British Insurers, explained that an industry working group has begun exploring the possibility of setting up a Thatcham-style organisation to study flood damage.
Property claims - Conference news: Insurers insist ABI surge plan "fraught with danger"
Insurers have voiced concerns that the Association of British Insurers' idea for a surge plan in response to events such as widespread flooding is "fraught with danger".
Property claims - Conference news: FPA to reveal more accurate fire data
The Fire Prevention Authority is set to release the first of its new quarterly reports detailing large losses.
Questgates appoints two
Questgates has strengthened its counter-fraud team with the appointment of Sally Maeers and Mark Woodhead.
Crawford agrees three-day deadline terms with firm
Loss adjuster Crawford & Company has agreed a deal with Jewellery Validation Services which it hopes will both cut claims costs and improve the journey for policyholders.
Half of insurers unsure over MoJ RTA reform
Almost half of insurance firms remain unconvinced by the Ministry of Justice road traffic accident claims reform, according to new research.
Co-op chief hits out over asbestos
The head of general insurance at Co-operative Financial Services has accused the industry of shirking its responsibility by continuing to oppose the formation of a pool for asbestos-related employers' liability insurance claims.
Insurer trio ordered to pay up to £20m over faulty sofas
Axa, Chartis and Travelers will pay a share of up to £20m in compensation to thousands of consumers who received serious chemical burns from sofas manufactured in China.
No material impact on insurance sector from Icelandic volcano – Moody’s
The Eyjafjallajökull volcano in Iceland erupted causing a significant disruption for those individuals and businesses reliant on air travel, however, the extent to which the insurance industry will cover losses incurred from this disruption is expected…
Hannover Re expects large claim from Gulf of Mexico rig fire
Hannover Re, one of the world's five largest reinsurers, has said it expects a "large claim" from the off-shore oil rig in the Gulf of Mexico that caught fire last Tuesday and sunk two days later, according to the Wall Street Journal.
Tornado causes devastation in Mississippi
A tornado nearly a mile wide ripped through central Mississippi on Saturday, killing 10 people, including three children, and injuring dozens of others, state authorities said.
Allianz' legal helpline reveals employers' ash concerns
Allianz Legal Protection’s 24hour legal helpline has fielded a number of calls from employers with questions relating to the treatment of employees caught up in the Icelandic Volcano eruption.
Zurich puts quake bill at $200m
Zurich announced today that based on preliminary estimates, it expects aggregate claims payments related to the earthquake in Chile of approximately $200m before tax.
Zurich puts quake bill at $200m
Zurich announced today that based on preliminary estimates, it expects aggregate claims payments related to the earthquake in Chile of approximately $200m before tax.