Claims
Editor's comment: Making a stand at last
The Association of British Insurers finally decided this week to reveal the detail of exactly what it is asking government to commit to that will secure affordable flood insurance for 200 000 homes currently facing exorbitant or zero cover come next July.
Three-year court battle results in double-edged compensation precedent
Expansion of potential defendants could spark abuse claim increase
Foil seeks collaboration with industry specialists in bid to maintain relevance
Association proclaims ‘important step for industry harmonisation’
View from the Top: Back to the future
The insurance industry must look to the past and return to a client-focused approach, says Martin Owens
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
JLT calls on government to back Flood Re
JLT is urging businesses to lobby MPs in a bid to impress on the government the urgent need to agree a flood insurance solution to replace the Statement of Principles when it expires next year.
Chubb Europe hires casualty claims manager
Chubb's European arm has appointed Lisa Payne-Lawrey as European casualty claims manager.
Torrential rainfall to create £14m used car market claims
AA Insurance has warned that the used car market could be swamped with flood-damaged cars following the extreme weather of recent weeks.
Clyde & Co partner joins Chubb
Chubb Insurance Company of Europe has appointed Lisa Payne-Lawrey, pictured, as European casualty claims manager.
Competition Commission investigation unlikely to affect motor premiums
The Competition Commission’s investigation into the motor insurance market is likely to do no more than cause reputation damage, Standard & Poor's has predicted.
Auto Restore acquires competitor
Auto Restore has acquired Midlands-based ADR Accident Repair Centre Group including its 11 bodyshops.
RSA sends emergency response vehicle to flooded Welsh city
RSA yesterday sent an emergency response vehicle to St Asaph in Wales to offer advice and support to residents after the River Elwy burst its banks.
LAS signs up to environmental management business plan
Birmingham-based claims management company LAS Claims has set out plans to achieve an international environmental accreditation by early 2013.
GAB and Crawford deal with increased claims volumes from weekend floods
GAB Robins saw claims volumes increase by 50% today and expects that figure to grow as rainfall spreads from the south west to Wales and the north of England.
ABI urges MPs to pressure government on flood talks
The Association of British Insurers has written to members of parliament urging them to call on the government to rethink its decision to refuse to provide a temporary overdraft for a flood insurance fund.
Barbon promotes Tye to underwriting director
Property insurance and lettings insurance specialist Barbon has appointed Paul Tye, pictured, as its new underwriting director.
Aviva rallies to help flood-hit policyholders
Aviva has been providing alternative accommodation and interim emergency payments for policyholders in the weather-beaten Midlands, southwest and the west of England.
Hill Dickinson director joins Garwyn
Garwyn Group has appointed former Hill Dickinson strategic & development director Laurence Ives to the new role of business development director.
Swiss Re expecting $900m hit from Superstorm Sandy
Swiss Re is expecting its claims burden from Hurricane Sandy to be around $900m, net of retrocession and before tax.
Floods hit southeast as storms move north
Around 816 homes were flooded and two people died over the weekend after the country was hit with a deluge of rain.
'Flood insurance talks with government have broken down,' admits ABI
The Association of British Insurers has confessed that talks with government on reaching a joint solution on long term affordable flood insurance have broken down, describing the situation as “impasse”.
Sandy to cost Swiss Re $900m
Swiss Re has estimated that its claims burden from superstorm Sandy will cost $900m, net of retrocession and before tax.
GAB Robins receives claims from Wales after overnight flooding
GAB Robins has received several weather-related claims from north wales and south west England as the stormy weather continues to batter the country.
Five suspected insurance fraudsters arrested in Sunderland
Northumbria Police have arrested five suspected insurance fraudsters after a search at an accident management company in Sunderland.