Claims
No-claims household insurance discount considered by Axa – Insurance News Now – 24 February 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories including how Axa is considering awarding no-claims discounts to household insurance customers to encourage them to take more responsibility for preventing weather-related…
Air Worldwide: Second NZ quake “more damaging”
The earthquake which struck New Zealand yesterday has caused more damage than the quake which hit the country in September, catastrophe modelling firm Air Worldwide has claimed.
AIR predicts NZ quake losses of up to $8bn
AIR Worldwide has estimated that industry insured losses from the magnitude 6.1 earthquake that struck New Zealand’s South Island near Christchurch on 22 February (UK time) will be between NZD$5bn ($3.5bn USD) and NZD$11.5bn ($8bn USD).
Major earthquake hits Christchurch
A major earthquake of magnitude 6.3 occurred near Christchurch, New Zealand on 22 February at 12:51pm local time (11:51pm on Monday 21 February 21 GMT).
One Answer Network adds Lorega LRI to product offering
One Answer Network has added Lorega loss recovery insurance to its suite of commercial products.
Helphire cuts 400 staff under restructure
Accident management company Helphire reduced its headcount by more than 400 staff during the last six months of 2010 as part of its business restructure.
Manslaughter decision to spark health and safety reviews
The first conviction under the Corporate Manslaughter Act will cause companies to review their health and safety procedures, law firm Plexus Law has claimed.
Clyde & Co expands Asia team
Clyde & Co has announced Michael Cripps is to join the company’s global corporate insurance practice as a partner.
BLM: Corporate manslaughter fine a “warning shot”
Law firm Berrymans Lace Mawer has claimed that the fine levied in the UK’s first conviction under new corporate manslaughter regulation is a “warning shot” for businesses.
Engineering firm fined £385 000 in corporate manslaughter case
Cotswold Geotechnical has been fined £385 000 after being found guilty in the first trial under the new corporate manslaughter legislation.
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
The professionalism push: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute talks to Jonathan Swift about the challenges and opportunities facing the general insurance industry in its quest to embrace professionalism.
Motor Claims 2011: Adderson clashes with Smale over motor claims collaboration
Brit Insurance claims manager Paul Adderson has spoken out against Rob Smale, claims and operations director at Ageas, and his view that the motor claims industry should not collaborate.
In Series - Geography & Solvency II: What are the risks for insurers?
With the implementation of Solvency II looming, Sam Barrett asks if insurers are forgetting to look inwards at the risks their own companies face.
Motot Claims 2011: Survey finds 61% think MoJ RTA portal is working
The Ministry of Justice's claims portal for road traffic accidents is working effectively, according to 61% of motor claims conference delegates.
Post history - 50 years ago: Crash victim given large award
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from 50 years ago reveals.
Post history - 15 years ago: Terrorism cover to rise after bomb
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from 15 years ago reveals.
Motor Claims 2011: Longworth predicts demise of the CHO market
The death of credit hire is inevitable as the market conditions in which it once flourished have moved on, according to Gemini Vehicle Solutions managing director Eddie Longworth.
Law report: Damages allocated in sexual abuse claim
This law report has been contributed by national law firm Berrymans Lace Mawer.
Motor Claims 2011: Industry must take lead over text pest marketing
The industry needs to take the lead on legitimate mobile marketing in the battle against the 'text pests' in personal injury claims farming.
Editor's comment: The sales are still on
Christmas and the new year may have come and gone but with many retailers it appears that the sales are no longer specific to certain times of the year.
Auto Windscreens bidders lined up
Discussions are taking place with a trade buyer over a potential deal for Auto Windscreens, which went into administration this week, Deloitte has claimed.
Law report: Negligence claim struck out over police record disclosure to CRB
This law report has been contributed by national law firm Berrymans Lace Mawer.