Association of British Insurers (ABI)
Postbox: Fraud unit funding not a floodgate
Your front page headline 'Insurers fear £9m fraud unit will prompt further cash calls' is somewhat alarmist.
Roundtable - Claims: The claims game
The expert panel at our recent roundtable on the claims process got their teeth into technology and staffing issues, how to tackle fraud and the impact of telematics. Leigh Jackson reports.
News analysis - RTA scheme extention: Statistically speaking
With the MoJ consultation on extending the RTA personal injury scheme now closed, Lynn Rouse asks how an evidential basis can be put forward with no sign of statistics on success to date.
Law Society: Professional indemnity renewals are still a problem
Lawyers have found it harder to get professional indemnity insurance this year with roughly one in three firms having problems, up from one in five last year, according to the Law Society’s PII survey.
Referral fees: End of the affair?
Despite recent calls for a ban on referral fees, the government must weigh up the wider considerations and consequences of its actions, explains Leigh Jackson.
Insurers fear £9m fraud unit will prompt further cash calls
Figures within the insurance industry have expressed fears that it will be called on to foot the bill for more policing after agreeing to invest £9m over three years in an insurer-funded police fraud unit.
Post history - Five years ago: Ditch lawyers to get more compensation
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
City of London Police to create £9m 35 strong insurance fraud team
The insurance industry has confirmed final plans to fund a multi-million pound City of London Police unit aimed at tackling insurance fraud.
F&L quits ABI over Jackson support
Financial & Legal has become the latest legal expenses insurer to resign from the Association of British Insurers in protest against the trade body's support of the Jackson Review.
IFR costs to be revealed as police unit green-lit
Insurers are to be told how much they will have to contribute to the funding of the Insurance Fraud Register in the "coming weeks" with plans to roll out the register early next year.
TSC re-opens premiums inquiry as referral fee furore escalates
The chair of the Transport Select Committee has told Post that motor insurers will be called back to parliament for further questioning following her decision to re-open its inquiry into the rising cost of motor insurance.
Tackling fraud - Roundtable: The time for action is now
With new counter-fraud tools coming onstream, Post gathered a group of experts to assess whether these will be enough to outweigh expected reductions in police resource when fighting this crime. Chinwe Akomah reports.
‘Dirty secret’ comes as no surprise to legal expenses group
The Legal Expenses Group has welcomed Jack Straw’s investigation into referral fees.
ABI biennial conference: Cable tackles short-termist culture
Business Secretary Vince Cable has launched a three-pronged strategy to tackle a culture of short-termism and bolster corporate governance, while ensuring the proper functioning of capital markets.
Editor's comment: Referral fees witch hunt
Well, it was bound to happen sooner or later: public outrage at referral fees and the "gobsmacking" practice of insurers making money from passing on details of claimants to personal injury solicitors. Few, however, would have put money on it emanating…
News comment - Women in business: Room at the top
After Business Secretary Vince Cable called on insurance company chairmen to publish their medium-term targets for female board representation, Heather Jackson explains why quotas are not the answer.
ABI biennial conference: Insurers urged to find ways to interact with customers
Insurers must find ways of addressing their lack of direct contact with personal lines customers if they are to improve loyalty and service.
Household - Flood risk: Removing the safety net
In two years, the insurance industry's pact with central government to provide flood cover for at-risk properties will cease to exist. Ralph Savage reports on how insurers are planning to meet the challenge post-2013.
Insurance Fraud Register given the ICO green light
The Information Commissioner's Office has given the green light to the definition of fraud that would be used by the insurance industry if the Insurance Fraud Register is given the go ahead this week.
Penny Black's insurance week
Last week, Penny found herself at the Association of British Insurers' biennial conference, where star guests included business secretary Vince Cable, Allianz chairman Clement Booth and BBC political editor Nick Robinson.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Phase two of Jackson needed claims law firm
The government has "stuck to its guns" with primary legislation needed to introduce the core principles of Lord Justice Jackson's review into civil litigation costs.
UKG launches GAP product
UK General has developed a hybrid insurance product that helps motor trade dealers avoid financial penalties arising since the Association of British Insurers published guidelines on guaranteed asset protection insurance cover in February.
Elite quits over ABI's support of Jackson review
Elite Insurance is quitting the Association of British Insurers, claiming the trade body's support of Lord Justice Jackson's recommendations in relation to legal expenses has made its membership "untenable".