Credit hire
Motor Claims 2011: Longworth predicts demise of the CHO market
The death of credit hire is inevitable as the market conditions in which it once flourished have moved on, according to Gemini Vehicle Solutions managing director Eddie Longworth.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
Motor Claims 2011: Food for thought
The annual Post motor claims conference has become a must-attend event for those leading the motor insurance sector.
Credit hire claim reduced by £20 000 as case is re-heard
The credit hire claim of Premier League footballer Darren Bent has been reduced by £20 000 after a court case involving Allianz and Accident Exchange was re-heard at Cambridge County Court.
RSA embroiled in legal row over ‘new credit hire’ – Insurance News Now – 17 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including how RSA has become embroiled in a legal spat with Provident over subrogated motor repair costs.
Court rules on Bent credit hire re-trial
Cambridge County Court has ruled that the £63 000 in credit hire fees claimed by Darren Bent following a road traffic accident could have been at least £20 000 lower if the Premier League footballer shopped around.
Quinn signs up to ABI's GTA agreement
Quinn Insurance has signed up to the Association of British Insurers' general terms of agreement between insurers and credit hire operators.
Bent case set for new hearing at Cambridge County Court
The ongoing credit hire dispute involving Aston Villa footballer Darren Bent is due to be reheard at Cambridge County Court on Friday.
Postbox: Going back to basics is the long-term solution
I was interested to read the item on winter freeze claims in the same issue as the article by Ecclesiastical’s David Bonehill on claims professionalism.
Horwich Farrelly wins credit hire case
Insurance litigation firm, Horwich Farrelly has won a case against unenforceable credit hire agreements.
Accident Exchange extends credit agreement with Morgan Stanley
Accident Exchange has reduced its debt liability by £50m in a deal wthat it claims provides a significant financial footing for the business.
EU Directive will sharpen the finance agreements of credit hire organisations
The forthcoming Consumer Credit (EU Directive) Regulations 2010 may help the insurance industry deal with dubious credit hire agreements, according to Horwich Farrelly.
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.
Legal update: Countering claimant credit hire charges
Credit hire cases are notoriously difficult to defend, even when liability is admitted, says Emma Massey, but insurers can and are securing some success in the courts.
CHOs must co-operate more with insurers or risk collapse
Some credit hire organisations will have to become more co-operative with insurers if they are to avoid collapse, a legal expert has warned.
GTA changes to be discussed
Changes to the general terms of agreement between insurers and credit hire organisations could be discussed as early as next month after several companies expressed an interest in auditing the voluntary protocol.
Credit hire GTA set for audit
The technical committee that oversees the general terms of agreement between insurers and credit hire organisations is planning an independent audit of the voluntary protocol.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
CRIF launches vehicle credit hire intelligence service
A new service enabling motor insurers to cross check vehicle credit hire periods and reduce claims leakage by identifying fraudulent arrangements has been launched by CRIF Decision Solutions.
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.
MIB seeks clarification over credit repair
The Motor Insurers' Bureau has written to a number of its members to clarify the increasingly thorny issue of who should pick up the bill for credit repair, when an insurer discovers the other driver is uninsured.
Autofocus decision imminent
Credit hire reporting firm Autofocus is likely to face liquidation following a meeting between creditors and company administrator Harrisons last week.
Helphire eyes new areas after restructure
Helphire is gearing up to enter a period of development, after completing a substantial restructuring of the business.
Fraud Management Briefing news: Fraud victims broken down
Nick Mothershaw, director of fraud and identity solutions of Experian spoke to delegates about how the insurance and credit industries can work together to root out fraud using credit verification processes and checks.