Motor
Motor Claims 2011: Smale warns of tipping point for policyholders over motor prices
The insurance industry should take steps to tackle the rising cost of motor policies before the government intervenes, Ageas claims and operations director Rob Smale has warned.
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.
Zurich chief blames PL for 11% drop in UK arm's profit
Zurich's UK general insurance chief executive Stephen Lewis has attributed its 11% year-on-year fall in top line premium and bottom line profit in 2010 to underperformance within the personal lines market.
QBE: Commercial motor market in poor state
QBE has warned brokers that rates in the commercial motor market need to rise by 20% if the sector is to avoid the pitfalls experienced by the personal lines market.
Motor Claims 2011: Jackson: implementation of reforms is beyond my control
Lord Justice Jackson has urged the government to act on the recommendations in his review of civil litigation costs after admitting implementation of the report was not "within his grasp".
Motor Claims 2011: Research into 'startle reflex' could reduce whiplash claims
Research into simulating the 'startle reflex' before it occurs in humans, when their vehicle collides with another, could reduce the volume and severity of whiplash claims.
Motor Claims 2011: Industry needs to reform to rejuvenate
"If we do nothing, body shops and the whole supply chain will become inefficient".
Motor Claims 2011: Inter Europe boss names European fraud hotspots
Holger Baku, executive director at Inter Europe, has said institutionalised fraud in Southern and Eastern Europe makes detecting known cases more difficult for anti- fraud authorities.
Comment - Branding & aggregators: Driving greater success
With direct writers accounting for 40% of the motor market, Peter Thompson looks at the importance of branding when it comes to selling on aggregators.
Motor Claims 2011: Industry needs to look outwards
The insurance industry has been warned to stop looking inwards and start judging itself against other industries or lose the customer service battle.
Penny Black's insurance week
It seems that the cost of civil litigation is not the only matter Lord Justice Jackson has had on his mind for the past year.
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.
PM warns"damaging" EU regulation could unfairly hit female drivers
The impact of the upcoming European Union gender eqality directive on female drivers' insurance premiums was raised today in Parliament during Prime Minister's Questions.
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.
Carole Nash recruits new operations director
Motorcycle insurance specialist Carole Nash has appointed Dave Cullen as its new operations and sales director.
Crash for cash at record high
New research from LV has revealed that staged car accidents are at a record high with over one in 20 (5%) of respondents believed to have been a victim of a crash for cash staged accident in the past two years.
Financial ombudsman reveals sharp rise in PPI complaints
The Financial Ombudsman Service has revealed that payment protection insurance complaints rose to 24 955 for the period October to December 2010, up 17% from the previous three months.
Hastings first to pilot replacement scheme
Hastings is the first insurer to pilot lifestyle management and concierge company Red Onyx's new replacement vehicle scheme for total loss claims.
Post Intelligence Benchmarking: How do insurers measure up in the high net worth market
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.
Editor's comment: Never mind the setbacks
"There's unlimited supply. And there is no reason why". No, I'm not talking about the overcapacity in the UK motor market, but the opening lines to EMI by the Sex Pistols.
Postbox: Policy cancellation not fair on drivers
Mike Eve makes some interesting points regarding uninsured driving and, unfortunately, he is correct that fines for uninsured driving, and most other offences for that matter, are governed by the financial status of the offender.
Insurer refuses to accept ABI's 'nightmare' gender ruling guidance
One of the UK's largest specialist female insurers has scoffed at the Association of British Insurers' suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice's gender verdict due on 1 March.