Credit hire
CHO hails competition probe backing for modified GTA
The Credit Hire Organisation has welcomed the Competition Market Authority’s proposals this morning as a validation for the general terms of agreement held between insurers and credit hire firms.
ABI heralds credit hire cap plans
The Association of British Insurers has welcomed plans to limit the cost of providing a replacement vehicle as an at-fault insurer as part of package of reforms unveiled the Competition and Markets Authority.
CHO urges CMA to adopt existing framework for credit hire claims
The Credit Hire Organisation is urging the Competition and Markets Authority to use the existing credit hire claims settlement framework when it issues its final report on competition in the private motor insurance market.
Helphire unveils Redde rebrand
Helphire is to change its name to Redde in a bid to better reflect its range of accident management offerings.
CHO boss says ‘self interested’ insurers are hampering fight against fraud
DAC Beachcroft estimates credit hire fraud is worth up to £75m a year
Zurich hails successful appeal against £95k car hire bill
Zurich has welcomed a court of appeal ruling that the insurer should not have to pay £95 000 in car hire and storage charges because the claimant should have bought a replacement car at an earlier stage.
Seventeen arrested in credit hire crackdown
Seventeen people suspected of credit hire fraud were arrested in raids across England on Wednesday morning.
Lowered credit hire costs remain 'unacceptable' says ABI
The impact of credit hire on motor premiums remains unacceptable according to the Association of British Insurers, in spite of revised figures being issued by the Competition Commission this week.
CHO chairman demands further credit hire estimate cuts
Competition Commission reductions to the cost to credit hire do not go far enough according to Steve Evans, chairman of the Credit Hire Organisation.
Competition Commission cuts £30m from credit hire cost estimates
The Competition Commission has admitted errors in its figures on the cost of credit hire, lowering its estimated impact on motor premiums.
C-Suite: Different expectations pose risk
The government and the industry are not on the same page when it comes to motor premium reductions.
Implications of RSA motor repair victory to be assessed by competition body
Court of Appeal rejects Allianz and Covéa case against RSA’s subrogation model.
Interview: Tim Wallis: Man in the middle
Tim Wallis, chairman of the Claims Portal, tells Post of his pride in his mediation work and reveals he is working on the possibility of launching a credit hire portal.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
ABI boss claims CC findings on motor repairs contain 'fundamental flaws'
The Competition Commission’s findings on vehicle repair is at odds with insurers’ own complaints data, the Association of British Insurers has claimed.
Credit Hire Organisation slams CC motor proposals
The Credit Hire Organisation has criticised the Competition Commission’s motor proposals saying they would disadvantage non-fault drivers and reduce competition by favouring insurers.
Credit hire process adds £150m to motor premiums says CC
Motor insurance premiums are being unnecessarily inflated by the complex chain for the settlement for non-fault claims, the Competition Commission has found after a yearlong review.
Last chance to take advantage of early bird for the 2014 Motor Claims conference
Today is the last day to take advantage of the early bird offer for Post's hugely popular annual Motor Claims conference.
Credit hire portal set for 2014 launch as backers put faith in motor inquiry
Committee confident Competition Commission will draw ‘right conclusions’.
Helphire ‘making good progress’ in Autofocus settlement
Helphire Group has finished analysing “several thousand cases” in which Autofocus evidence was used and is ready to start discussing settlements with insurers.
Insurers countering credit hire fraud despite rise in exaggerated claims
Fraudulent credit hire claims involving ‘artificial exaggeration’ have increased by 29% over the past two years, according to a study carried out by law firm DAC Beachcroft.
Quindell working on 'one-in-four' UK claims
Outsourcing firm Quindell Portfolio is now serving some role on roughly one-in-four insurance claims in the UK, following contract wins, the firm has said.
Roundtable: Fraud: Seeking a knockout blow
How are recent changes to the legal landscape and calls for a more collaborative approach impacting the insurance industry’s fight against fraud?
Zurich inks Accident Exchange settlement
Zurich has reached a settlement with credit hire firm Accident Exchange over more than 50 cases of disputed rates.