Claims
Insolvency Service investigating conduct of Drive Assist directors
The Insolvency Service is believed to be conducting an investigation into the behaviour and transactions of the directors of credit hire firm Drive Assist, according to the company’s liquidator Zolfo Cooper.
Tesco fraudster sentenced to three years after Operation Catcher sting
A fraudster who staged accidents with Tesco delivery vans has been sentenced to three years in prison.
Top Mark co-founder Marchetti exits the company
Martino Marchetti has left Scottish loss adjuster Top Mark with immediate effect.
Suspected insurance fraudsters dealt with by Ifed tops 1000
The number of suspected insurance fraudsters dealt with by the Insurance Fraud Enforcement Department topped 1000 this week after detectives arrested four men in Wales.
Ex-SSL directors launch 'phoenix' company despite outstanding debts
The former directors of defunct SSL Loss Adjusting and Nimbus Contractors Network have launched a new business, despite owing outstanding debts to previous suppliers, Post understands.
Blog: Supply chain? More like supply jigsaw
Post editor Stephanie Denton's ongoing escape of water claim saga takes on a distinctly Kafka-esque twist...
More than 250 Quindell investors seek class action
Law firm Your Legal Friend says it has been contacted by more than 250 current and former Quindell shareholders who are interested in pursuing a class action against the outsourcing company.
Government to make FCA and PRA more accountable
Following a review the government has published a number of recommendations to ensure the way the financial regulators make enforcement decisions continues to be fair, transparent and efficient.
Band H properties to be included in Flood Re
The Department for Environment, Food and Rural Affairs has agreed that band H properties in England and band H and I properties in Wales should be included in the Flood Re scheme.
Motor premium increases to be reflected in 2015 results
Insurers are unlikely to see any favourable impact from motor premium increases until their 2015 results, according to Towers Watson.
Average UK motor premiums rise 0.3% in November
The average price of a new comprehensive motor policy rose 0.3% to £590 in November; the third successive month of price increases, according to the Towers Watson and Confused insurance price index.
Law firm rallying Quindell shareholders for class suit
Law firm Your Legal Friend is encouraging shareholders that have lost money on their investment in Quindell to claim for professional negligence against the outsourcing company's board and advisers.
Editor's comment: What a difference a year makes
2014 is coming to a close and so much has happened but will insurers be sad to see it go? It was the year that started with Winter floods estimated to have generated a total bill of £500m and saw Labour Party Leader Ed Miliband demand insurers settle…
Legal Update: Disabled Claimants: Compensation for the disabled
Chris Gambs on a recent case ruling on future loss of earnings claims for partially disabled claimants
Bermingham exits Xchanging as Lloyd's consolidates market on to new claims scheme
Xchanging Claims Services executive director Paul Bermingham has left the company following the accelerated progress of the Lloyd's claims transformation programme.
North of the Border: The ramifications of Smith
Following the Scottish referendum, the UK government established the cross-party Smith Commission to make proposals for devolution of further powers to the Scottish Parliament. These recommendations, if implemented, will see yet further differences…
FCA reputation diminished after damning Davis report
The Financial Conduct Authority has been left "diminished" by a damning report into its handling of publicity around a life insurance thematic review, according to certain market observers.
UK insurers undeterred on sharing society progress despite international Uber concerns
The banning of Uber in several territories will not deter the UK insurance industry's engagement with sharing economy companies, according to commentators, with telematics providers tipped to help small car-sharing organisations obtain cover.
Future sustainability of Pool Re to be achieved by modernisation in 2015
The Pool Re board is aiming to complete its modernisation of the 22-year-old terrorism facility by the end of next year.
One in 10 car deaths linked to alcohol, says WHO
Following a study, the World Health Organisation has said one in every 10 car deaths is linked to alcohol.
ABI holding off Flood Re contracts as government talks continue
The Association of British Insurers is holding off contracting with a managing agent and a reinsurance broker for the Flood Re scheme due to ongoing discussions with government around the initiative's secondary legislation.
Blog: Private prosecutions - select wisely
Has the time come for insurers to use prosecution in the criminal courts in order to win the fight against claims fraud?
Quindell's Currie seeks stock market sponsor
Quindell is reportedly on the hunt for a new stock market sponsor after the exit of an analyst at its nominated adviser Cenkos Securities last month.
Computer glitch causes chaos for UK flights
A system failure affecting air traffic control workstations was to blame for disruption to thousands of passengers coming in and out of Britain's biggest airports on Friday, officials told Reuters, as services returned to normal on Saturday.