Claims
Ifed inquiry leads to jail time for income protection fraudster
A 28-year-old man has been jailed for more than three years after he attempted to defraud two insurance companies out of £97,824 for lost income for a job he never had due to an illness he falsely claimed to be suffering from.
Aviva investigation puts brakes on party bus claimants
Aviva has successfully quashed attempts by passengers on a double-decker ‘party bus’ to erroneously claim more than £250,000 for whiplash injuries supposedly caused by a minor collision.
UK floods to 'significantly weaken' 2015 earnings, says Fitch
Ratings agency Fitch said the impact from recent flooding in the UK could weaken earnings for some firms and take the year combined ratio above 100%.
Europe: What the new privacy regulations mean for insurance services providers
It's almost upon us. After an epic journey, the much vaunted overhaul of European data protection rules has arrived, placing a tougher compliance burden not only on insurers, but also on companies that provide services to them.
Gang of eight convicted in motor fraud
A crash-for-cash scam, which saw insurers pay out more than £120,000 to fraudsters, has seen another man convicted of conspiracy to defraud.
Crawford opens Carlisle office to support flood victims
Loss adjuster Crawford & Company has opened an office in Carlisle in Cumbria to support community members impacted by recent flooding.
ICA declares New South Wales storm a catastrophe
The Insurance Council of Australia has declared the storm over the last few days in New South Wales a catastrophe.
C-Suite - Insurer: Extending the claims team
If a customer's home has been flooded, affected by fire, weather or some other unforeseen circumstance, they are going to be pretty upset.
AM Best predicts December storms will pressure 2015 earnings
The December 2015 storms and floods will put pressure on the 2015 earnings of UK property insurers but will have little impact on balance sheet strength and ratings, according to AM Best.
Insurers encouraged to embrace claims apps as customer demand grows
More than one in four consumers would be in favour of using a smartphone app to submit a motor, travel or household claim, new research has found.
Storms' insured loss estimate increases to £1.4bn
Latest estimates from accounting firm PWC suggest insured losses from storms Desmond, Eva and Frank, which battered the UK in December 2015, could reach £1.4bn as Prime Minister David Cameron yesterday (3 January) pledged £40m to repair and improve flood…
Airmic urges a 'pragmatic and flexible' approach for corporate customers following flooding
The current flooding in the north of England has underlined the need for businesses to buy insurance that is fit for purpose, and to support it with effective crisis planning according to the Association of Insurance and Risk Managers.
Insured catastrophe losses were $27bn in 2015, says Munich Re
Insured natural catastrophe losses were $27bn (£18.3bn) in 2015 down from $31bn in 2014 and an average of $34bn over the past 30 years according to reinsurance giant Munich Re.
Penny Black's Ghost of Christmas Keys
Last year at Keycare alone, 25 claims were made on Christmas Day for lost keys. Penny wonders if the ghosts of Christmas Past, Present or Future were involved.
More rainfall predicted as Cunningham Lindsey calls in international team to help cope with Storm Eva claims
A team of specialist property adjusters, from Cunningham Lindsey's overseas offices in Canada, New Zealand, Australia and South Africa, will be arriving in the UK from 5 January 2016 to boost the firm's expert technical resources.
Government insists whiplash reforms will be introduced "as soon as possible"
Insurers have committed to give customers 100% of the savings made from new Government reforms to reduce fraudulent whiplash claims, it was announced today.
Insurers warned flooding losses could exceed £1bn in wake of Eva
The insured losses from the 2015 flooding could exceed £1bn in the aftermath of storm Eva, endangering some firm’s end of year results, an industry expert has warned.
Penny Black's Christmas questions 2015: What does an insurer's Christmas look like?
What are insurers and brokers up to at Christmas? Post has asked them how they celebrate the festive season and found out a lot of them like to hear the bells ringing out for Christmas Day.
Crawford appoints Malaysia boss Fong to Asia CEO role
Crawford & Company has promoted the boss of its Malaysian operation, Phillip Fong, to the role of CEO of Asia.
Customers hit by flooding get policy extension from Euler Hermes
Trade credit insurer Euler Hermes is offering a 30 day policy extension for clients hit by Storm Desmond or subsequent flooding.
Storm Eva to bring more rain to northern England
More bad weather and possible flooding is on its way to northern England ahead of Christmas, with Storm Eva set to bring heavy rains and up to 70mph winds in coming days.
Unrecovered stolen vehicles cost insurers £450m last year
Stolen vehicles not recovered by police represent an estimated £450m cost to insurers in 2014, based on figures from a Freedom of Information request by anti-fraud company Asset Protection Unit (APU).