Claims
Property claims - Conference news: FPA to reveal more accurate fire data
The Fire Prevention Authority is set to release the first of its new quarterly reports detailing large losses.
Questgates appoints two
Questgates has strengthened its counter-fraud team with the appointment of Sally Maeers and Mark Woodhead.
Crawford agrees three-day deadline terms with firm
Loss adjuster Crawford & Company has agreed a deal with Jewellery Validation Services which it hopes will both cut claims costs and improve the journey for policyholders.
Half of insurers unsure over MoJ RTA reform
Almost half of insurance firms remain unconvinced by the Ministry of Justice road traffic accident claims reform, according to new research.
Co-op chief hits out over asbestos
The head of general insurance at Co-operative Financial Services has accused the industry of shirking its responsibility by continuing to oppose the formation of a pool for asbestos-related employers' liability insurance claims.
Insurer trio ordered to pay up to £20m over faulty sofas
Axa, Chartis and Travelers will pay a share of up to £20m in compensation to thousands of consumers who received serious chemical burns from sofas manufactured in China.
No material impact on insurance sector from Icelandic volcano – Moody’s
The Eyjafjallajökull volcano in Iceland erupted causing a significant disruption for those individuals and businesses reliant on air travel, however, the extent to which the insurance industry will cover losses incurred from this disruption is expected…
Hannover Re expects large claim from Gulf of Mexico rig fire
Hannover Re, one of the world's five largest reinsurers, has said it expects a "large claim" from the off-shore oil rig in the Gulf of Mexico that caught fire last Tuesday and sunk two days later, according to the Wall Street Journal.
Tornado causes devastation in Mississippi
A tornado nearly a mile wide ripped through central Mississippi on Saturday, killing 10 people, including three children, and injuring dozens of others, state authorities said.
Allianz' legal helpline reveals employers' ash concerns
Allianz Legal Protection’s 24hour legal helpline has fielded a number of calls from employers with questions relating to the treatment of employees caught up in the Icelandic Volcano eruption.
Zurich puts quake bill at $200m
Zurich announced today that based on preliminary estimates, it expects aggregate claims payments related to the earthquake in Chile of approximately $200m before tax.
Zurich puts quake bill at $200m
Zurich announced today that based on preliminary estimates, it expects aggregate claims payments related to the earthquake in Chile of approximately $200m before tax.
Bermuda insurers on slip for US oil rig explosion - sources
Ace, Axis Capital and Lancashire are all on the slip for the US oil rig which exploded in Louisiana earlier this week, according to Reinsurance sources.
Ex Direct Line employee jailed for £1.1m fraud
A former Direct Line employee has been jailed for six years for a £1m money-laundering scheme.
Claims - apps: Appy days
With one million Iphones in existence, apps are all the rage. Amy Ellis investigates the insurance market's attempts to utilise this channel and asks if a more considered approach is needed to really meet customers' needs.
Post in print - 22 April
Post reporter Dan Dunkley provides a quick overview of this week's major news including: Towergate brings in IPO experts, Capita insurance chief quits, Lib Dem's in mutual manifesto, Quinn faces UK underwriting decision and insurers assess volcano…
Travel industry “victims” urged to consider IT solutions
IT firm NIIT Technologies has urged firms set for big losses following the Icelandic volcano travel chaos to consider solutions to help them survive and grow in tough conditions.
Sunderland, East London and Liverpool top list of UK fraud hotspots
Callcredit Information Group has published research which identifies the areas most and least at risk of ID fraud across the UK, with Sunderland topping the list of 121 localities in the British Isles.
Goldman Sachs does not have E&O cover
Goldman Sachs, the investment banking giant that has recently been indicted by the SEC for fraud, does not carry E&O insurance, market sources have told Reinsurance.
Crawford appoints new head of project management
Claims management firm Crawford & Company has named Michael Jones as its new head of project management within its global technical services division.
ABI hits out at "act of God" myth over travel claims
The Association of British Insurers has hit out at the "urban myth" that insurers are relying on an “Act of God” clause to refuse claims from customers stranded abroad by the ongoing aviation disruption.
Law reports: Contributory negligence ruling is overturned at appeal
Osei-Antwi v South East London & Kent Bus Company (Court of Appeal — 19 January 2010)
Law Reports: Case bucks current trend for anxiety and stress payouts
Eribo v Odunaiya and Logic Plough Property (Queen's Bench Division — 19 February 2010)
Rehabilitation: Back on track
Early intervention with rehabilitation can cut the cost of sickness absence as well as insurance claims. Leigh Jackson asks whether new developments will kick start renewed interest and take up of services in the UK.