Claims
Crawford-backed energy adjuster LWI to launch in Singapore
Lloyd Warwick International will open an Asia-Pacific regional office on 1 November in Singapore with four recruits from rival Charles Taylor.
Industry backs Jackson’s call for fixed costs to be extended beyond PI claims
Lord Justice Jackson repeats call for fixed costs on all fast-track cases
Ifed arrests CMC staff on suspicions of fraudulent information gathering
Two claims management company employees have been arrested on suspicion of impersonating insurance policyholders to fraudulently obtain information from an insurer about road traffic collisions.
Business interruption: Business, interrupted
Increased data availability may have transformed business interruption cover, but the sector still has much work to do in improving communication, clarity and policy wordings
Treasury pledges £97m for ‘world-leading’ Met Office supercomputer
Chief Secretary to the Treasury Danny Alexander has today revealed plans to spend £97m on a supercomputer to improve the UK’s ability to predict disruptive weather.
Cornwall man gets suspended sentence in Axa fraud case
A Cornwall man was found guilty of fraudulently attempting to claim £100,000 damages from Axa for an alleged workplace injury.
Blog: Don't scare customers with spooky marketing & other data lessons
With the 2014 Teradata Partners Conference now over, I have decided to reflect on some of the biggest takeaways from the annual event in Nashville.
Jackson urges government action to extend fixed costs
Lord Justice Jackson is urging government to apply his recommendation that fixed costs should apply to all fast track cases in order to halt a "serious lacuna" in cost management rules.
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Would JR Ewing's demand following the destruction of Southfork have resulted in a $40,000 monthly hotel bill? Crawford & Company's UK Major Loss team calculates the cost of these…
Davies marks re-brand with Alcock swoop
Loss adjuster Davies Group has unveiled a new brand for its business, as well as announcing the recruitment of GAB Robins’ casualty director.
Insurers could struggle to defend meso claims following 'landmark' ruling
Insurers may find it harder to defend asbestos claims, following a ‘landmark’ Supreme Court ruling, according to the Forum of Insurance Lawyers.
Hurricane Gonzalo to cost insurers up to £250m, says AIR
Hurricane Gonzalo could result in up to $400m (£250m) of insured losses according to catastrophe modeller AIR Worldwide, after landing in Bermuda on 17 October
Motor sector set to report loss for 2014 as claims return to pre-Jackson levels
Towers Watson report says reserve releases unlikely to continue
Technology is a "huge equalizer" for smaller insurers, claims Alfa VP
Good data usage is a great leveller when it comes to insurance, and if done well it can help smaller players compete with larger established rivals.
IFB strategic plan could take 'beyond five years' to implement
Insurers are unlikely to reap the benefits of a centralised fraud data hub in the near future, with the Insurance Fraud Bureau's expansion plan expected to take more than five years to implement.
Blog: The rise and fall of outrageous travel fraud
Simon Cook, head of special investigations for claims and assistance group CEGA, talks tummy tucks, liposuction and the lengths to which fraudsters will go to make money from a bogus travel insurance claim....
Ecclesiastical appoints Brown to new church and heritage role
Heritage specialist Ecclesiastical has appointed Andrew Brown into a newly created role of church and heritage claims director.
CII stresses importance of professional development in China
Mark Greenwood, regional director Asia-Pacific at the Chartered Insurance Institute, urged delegates at the Claims Club Asia in Shanghai to embrace professional development.
Cyclone Hudhud could trigger $400m of insured property claims, says AIR
Catastrophe modeler AIR Worldwide expects the deadly cyclone which hit East India on 12 October to cost between $100m and $400m of insured property claims.
Legal Update: Obesity claims: The thin end of the wedge for EPL insurers
Andrew McDonald and Judith Davison look at the implications of obesity being considered a disability
C-Suite - Broker: Groundhog day
The continued use of unrated insurers in the solictor’s professional indemnity market is concerning
One-in-four motorists back compulsory in-car cameras
26% of UK motorists believe the Government should mandate in-car cameras in order to limit “crash for cash” schemes, according to a study from the RAC.
Aviva wins on ‘fundamentally dishonest’ whiplash claim
Aviva has declared victory in court battles over a low-speed whiplash claim, which has been ruled “fundamentally dishonest” by the court, with the claimant ordered to pay all of Aviva’s costs.