Claims
Lawyers target insurers through fraudulent claims
Solicitors practice Cost Advocates has warned of a growing trend of claimant lawyers submitting costs for personal injury claims.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Insured losses from Irene could reach $3.4bn
Risk modelling firm Eqecat has estimated that hurricane Irene could cost insurers between $1.8bn and $3.4bn.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
Columbus Direct to offer ash cloud cover
Columbus Direct has launched a new ash cloud travel cover designed to protect customers in the event their travel plans are disrupted by a volcanic eruption.
Keelan Westall and CKW renegotiate claims deal
Property insurance brokers Cadogan Keelan Westall and Keelan Westall have renegotiated their delegated authority agreement with insurer Zurich to allow the in-house claims team to process and settle claims up to £5000 net of policy excess.
Foil warns MP on civil justice reform
City insurance lawyers group the Forum of Insurance Lawyers has warned MPs planning to reform civil litigation costs not to “go soft” and be swayed by those arguing against change.
No major Caribbean losses from Irene
The Caribbean Catastrophe Risk Insurance Facility has announced that, while Hurricane Irene resulted in registered losses in six of its member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands),…
Birmingham tops crash-for-cash league
For the sixth consecutive quarter Birmingham has been named the number one hotspot for crash for cash insurance Fraud by the Insurance Fraud Bureau.
US reinsurers hit by claims
The Reinsurance Association of America says its group of 19 US property and casualty reinsurers wrote $13.8bn of net premiums during the six months ended June 30, 2011, an increase from the $12.3bn written in the first six months of 2010
Irene to cost insurers as much as $6bn
Catastrophe modelling firm AIR Worldwide estimates that insured losses from Hurricane Irene to onshore properties in the US will be between $3bn and $6bn.
'Merlin Academy' graduates primed team leader roles
Graduates from the first class ever to undertake the ‘Merlin Academy’ accredited Chartered Management Institute Level 2 Certificate in Team Leading have praised the content of the course.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
International PMI: the brokers opportunity.
Many brokers fear branching out into unknown lines but Tim Mutton argues there is an excellent untapped opportunity for many European brokers in the international PMI market.
Hurricane Irene heads towards Bahamian capital
After battering the southern islands of the Bahamas, Hurricane Irene is now just 65 miles away from the capital city of Nassau, according to the latest report compiled by AIR Worldwide.
Dicken switches Welsh law firms
Cardiff-based law firm New Law has poached Phil Dicken (pictured) and his team of insurance experts from rival firm Hugh James.
Hurricane Irene expected to reach cat 4
Colorado-based Lloyd’s underwriters ICAT has warned that Hurricane Irene strengthened significantly overnight and is now a category three hurricane.
Career development & CSR: Thatcham recognised
Thatcham’s automotive academy has become one of the first training organisations, in its region and the automotive sector, to receive the ‘Training excellence’ stamp.
Penny Black’s insurance week
Any company that has ever rebranded will know the path is a perilous one.
Post history – 10 years ago: Bladder cancer claims threat rises
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
View from the top: A multi-channel world
Many brokers will have read the recent update around Zurich’s personal lines strategy, following the announcement that we’re re-entering the direct channel later this year via an outsourced arrangement with Endsleigh, where the majority of new business…
MP calls for ban on referral fees
A Yorkshire MP based in a city with the fastest rising rates of comprehensive motor insurance is calling for parliament to ban referral fees after his report found high personal injury claims are driving premiums up in that area.
Crawford-Axa allegations unfounded
Twin-track investigations immediately launched following anonymous accusations of “sharp practices” in Crawford & Company’s handling of Axa claims have discovered the allegations to be unfounded.