Association of British Insurers (ABI)
Defra unveils 'payment for outcomes' flood scheme
Dealing with flood management in the "narrow sense of government funding" is "unimaginative and ineffective", according to the minister charged with its responsibility.
ABI names new investment affairs director
The Association of British Insurers has appointed Jonathan Davis as the new director of investment affairs replacing Peter Montagnon.
Postscript - 10 years ago: Bupa to roll out whiplash treatment
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.
Government and police back DVLA motor data access pilot
The government and the Metropolitan police have thrown their weight behind a pilot scheme which will give motor underwriters access to externally held personal data on customers to check whether they have lied on their policy submissions.
ABI: cost of flood damage has tripled since year 2000
The cost of flood damage since 2000 has soared by 200% compared with the previous decade, with yet more people set to be at significant risk of flooding, according to the Association of British Insurers.
Young resignation has no impact on report action
Implementation of Lord Young of Graffham's report will be "carried forward regardless", following his resignation as an adviser to the coalition government over his recession comments.
Former Biba chief Williams to return with Coversure
Former British Insurance Brokers' Association chief executive Mike Williams is set to open a new branch for franchise-based broker Coversure, Post understands.
Good practice guide backed
The Association of British Insurers' good practice guidance has voluntarily secured the backing of 80% of price comparison websites.
ABI figures reveal insurer flood bill has rocketed 200% to £4.5bn
Figures published today by the Association of British Insurers show that the cost of flood damage since 2000 has leapt by 200% on the previous decade.
Industry “partly responsible for inaccurate insurance applications”
Millions of people in the UK are putting their homes at risk because of inaccurate declarations when applying for insurance, according to Avantia, provider of the online platform for non-standard household insurance.
ABI’s good practice guidance clearer for consumers buying online
The Association of British Insurers has said that its good practice guidance launched at the beginning of the year is making it easier and clearer for consumers to compare and buy general insurance products, such as motor and household insurance online.
Law Commission gains “strong support” for damages proposals
The Law Commission has revealed that its proposals to modify current insurance contract law on damages has been well received by the industry.
Torrance slams new entrants over rates
Allianz UK chief executive Andrew Torrance has bemoaned the short- sightedness of some of the recent commercial entrants for keeping rate rises in check.
Industry bodies heartened by private sector potential
The Association of British Insurers and British Insurance Brokers' Association have welcomed the prospect of greater private sector investment in flood defences following the government's decision to cut the budget.
Personal injury - Government reform: How far will they go?
With Lord Jackson's and Lord Young's reports both being delivered in close succession, the question is now whether or not the government has the appetite to deliver change to the personal injury space with some or all of the recommendations being…
ABI offers flood advice to households
The Association of British Insurers has issued advice to people who have been flooded following heavy rainfall in Cornwall.
Postscript - 10 years ago: Helphire case comes close to end
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.
MoJ confirms plan to widen RTA process net
The government has confirmed plans to extend the road traffic accident claims process to a broader range of personal injury and low value clinical negligence claims by April 2012.
Motor increase is not a 'market failure'
The increase in motor insurance premiums is problematic without being a "market failure" according to the British Insurance Brokers' Association.
Postscript - 10 years ago: MIIC starts phase two of database
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.
ABI backs call to remove single renewal date for solicitors' PI
The Association of British Insurers has welcomed today’s publication of an independent report on the need for changes to the solicitors’ professional indemnity insurance market.
IUA and ABI to review rehabilitation code
The International Underwriting Association and the Association of British Insurers are set to consider extending the rehabilitation code beyond the immediate needs assessment as part of a new review of the guidelines.
Editor's comment: Flood battle lines drawn
If there were three words you could not escape last week, it was "government spending review". Well, I concede "Wayne Rooney" and "greed" may have been equally prominent, but it is unknown what impact the Manchester United number 10's increased wealth…