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Credit hire

Seeing double

It has been claimed overlapping during vehicle hire could be costing the insurance industry millions of pounds. Edward Murray investigates the how much of an issue this really is.

Credit hire bodies to merge

Members of the Accident Management Association and National Association of Credit Hire Operators have agreed to a planned merger after they were consulted on proposals.

Axa boss hits back at Accident Exchange

Axa Insurance claims managing director David Williams has hit back at credit hire operator Accident Exchange, after being revealed as the insurer with the most exposure to Autofocus evidence.

North of the Border: Pleural plaques

The Westminster government's recent announcement that it will not be restoring the right to claim compensation for pleural plaques, under English law, following consultation on the issue, has left those with plaques in England and Wales in a somewhat…

Validus to cross-check claims

Insurance service business Validus has launched a system it claims can save insurers millions by tackling the fraudulent practice of overlapping hires in the credit hire industry.

Easi-Drive urges insurer payments

Accident management company Easi-Drive has called on insurers to pay their invoices within 30 days to help the firm raise up to £150 000 for charity.

Legal blow for Autofocus

Accident Exchange has landed the latest blow in its legal battle with Autofocus after a former employee of the credit hire reporting company was handed a suspended 28-day prison sentence for contempt of court.

Former Autofocus employee handed suspended sentence

Accident Exchange has landed the latest blow in its legal battle with Autofocus after a former employee of the credit hire reporting company - Helen Whyshall - was handed a suspended 28 day prison sentence for contempt of court.

AMA and Nacho confirm merger plan

The executive committees of the Accident Management Association and the National Association of Credit Hire Operators have agreed proposals to merge and have recommended acceptance to their respective memberships.

AI Claims wins "significant" intermediary deal

Credit hire firm AI Claims reported revenue increased by 59% to £38.2m (2008: £24.0m) for the six months ended 31 December 2009. Its EBITDA increased by 26% to £1.548m (2008: £1.225m) and adjusted profit before tax increased by 27% to £906k before IFRS 2…

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