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Speed limits should be slashed, says insurer

Spanish government proposals to cut motorway speed limits to 50mph and town speeds to 25mph should be adopted in the UK, according to Yes Insurance.

Research conducted by the insurer among 4000 UK motorists reveals that nine out of ten men (90%) admit to exceeding the 70mph speed limit, with two-thirds (63%) saying they have driven over 100 miles

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Hash oil fires are the next big property risk for insurers

A new wave of butane hash oil explosions linked to illegal cannabis production is causing severe property damage and multi-million-pound insurance losses, posing a growing and under-recognised risk to insurers and landlords, warns James Nathaniel, major and complex loss adjuster at Sedgwick.

FCA ends premium finance probe looking like a tired parent

Editor’s View: Two years after the Financial Conduct Authority kicked off about premium finance, Emma Ann Hughes feels the regulator’s market study final report felt more like finger-wagging from a worn-out parent than meaningful action from a watchdog with a powerful bite.

Q&A: Tim Rayner, Verisk

Verisk’s new CEO of general insurance for the UK and Ireland sits down with Harry Curtis to discuss plans to encourage cross-pollination between the company’s GI and specialty businesses.

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