AA

Car premiums have risen by 31%

AA Insurance said that increasing car insurance fraud is contributing to the fastest-ever increases in car insurance premiums.

Acromas claims anti-PE bias amid reported loss

Acromas Holdings, the parent group of insurance providers AA and Saga, has claimed "scaremongering" against private equity houses has seen the ongoing performance of the business masked by a £529m overall loss, caused by interest repayments.

Liability fraud on the rise claims Keoghs

Fraudulent liability claims are rising sharply according to Keoghs, which has found a 150% increase in the volume of suspicious liability claims it has investigated over the past 12 months.

Kwik Fit bidders close in on deal

The private equity parent of Kwik Fit Insurance is within reach of a deal to sell the motor specialist to a trade buyer, Post understands.

Drivers may pay the price

Niche areas within motor insurance such as cover designed specifically for young drivers could see rate increases of up to 20% after Quinn Insurance was ordered to cease underwriting in the UK, according to motor brokers.

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