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AMG founder Mairs returns to insurance fold with Merlin quartet
The founder of the now defunct loss adjusting group Merlin is poised to return to the insurance market in the first quarter of 2013 as an investor in a new building repair network.
ABI wins 10% damages uplift challenge
Claimants that have entered a conditional fee arrangement before 1 April 2013 will not qualify for the 10% uplift in damages after the Association of British Insurers won a challenge in the Simmons v Castle case.
Homeowners expose themselves to unpaid claims, report finds
Almost 60% of homeowners still expect their insurer to pay out for any weather-related damage to their home, no matter what its state of repair, Axa's winter claims research has revealed.
Groupama parent downgrade "irrelevant" to UK insurer
Groupama Insurances's chief executive has said that a revision of the security rating of its France-based parent Groupama Group has "no relevance" on the UK insurance operation.
Autonet welcomes new motor dealer to affiliate network
Van insurance broker Autonet has unveiled a new affiliate partner collaboration in a deal that will see Perrys Group join the firm's networking scheme.
DLG shares attract surge in interest
Stockbrokers have reported a surge in interest in Direct Line Group shares ahead of its flotation tomorrow.
Barclays acquires ING Direct UK
Dutch bank and insurer ING has sold its UK savings and mortgage business to Barclays, generating an expected loss after tax of €320m.
AM Best delivers verdict on 'under pressure' Spanish non-life sector
Spanish insurers could face deteriorating technical results as they compete on price, despite the sector chalking up a profitable 2011.
DLG to apply for alternative business structure
Direct Line Group is to make an application to have an alternative business structure later this year in a bid to boost customer choice.
ALC Health launches claims monitoring service for customers
International private medical insurance provider ALC Health has launched an online member service that allows policyholders to check details as well as submit, manage and monitor claims 24 hours a day.
Uninsured motorists in Scotland face having their cars crushed
Experts from the Motor Insurance Bureau are being drafted in to provide specialist training to Strathclyde Police officers ahead of a new campaign in which uninsured drivers face having their cars crushed.
Covéa fears surge in motor subrogation practices after RSA ruling
Covéa has warned that some insurance businesses may adopt motor repair subrogation cost structures similar to RSA's after a high court found in favour of the insurer.
Allianz could appeal against RSA motor subrogration judgment
Allianz may appeal against a high court judgment which found RSA's motor repair subrogation costs to be legal, despite being told that an appeal is likely to fail.
O'Roarke frustrated at missing out on Groupama 'bargain'
LV boss John O'Roarke admits he was left rueing a "missed opportunity" after hearing how much Ageas paid to secure the acquisition of Groupama.
Motor subrogration appeal against RSA likely to fail, says top judge
A High Court judge has ruled in favour of the motor repair subrogration costs RSA charged Allianz and Provident, stating that the charges were reasonable even if the insurer had used its own repair network.
AA to cut 400 insurance jobs in Wales
The AA is to focus its insurance call centre activity in Newcastle with the transfer of almost 200 jobs to the north east from Cardiff.
Aviva calls for more rigorous driving tests
Aviva has backed the Association of British Insurers' campaign to introduce changes to driving qualifications in a bid to improve road safety.
Zurich scoops trio of Insurance Fraud Awards
Zurich was the main winner at the Insurance Fraud Awards last night, picking up three gongs.
The rise of pet insurance fraud
Shocking stories of claimants deliberately harming pets are guaranteed to grab headlines, but what is the truth behind the increasing level of fraud detected in a sector predicted to be worth £900m by 2015?
UK General looks to shed broker agencies to boost sales and service
UK General's new chief executive has revealed plans to reduce the number of agencies the insurer holds with brokers from its current level of 800 as part of an effort to build partnerships and improve its sales and service offering with a more select…
Cunningham Lindsey UK boss hints at further deals after CVC buyout
Fairfax Financial Holdings is to reduce its stake in Cunningham Lindsey from 43.2% to less than 10% under the loss adjuster's refinancing deal with CVC Capital Partners.
Lloyd's returns to profit with best combined ratio in five years
A benign catastrophe period helped return Lloyd's to profit in the first half of 2012 with a combined ratio of 88.7% compared with 113.3% in the same period last year.
Expert analysis: Aggregator assessment
A continuing drop in motor premiums and a rise in instalment charges are just two trends identified by the latest market analysis.
Data management: Handle with care
The colossal amount of customer data held by the industry presents ethical and security challenges. How can firms cope with these issues while making data work?