Motor
OFT consults on motor insurance case amendment
The Office of Fair Trading has opened a consultation on an amendment to commitments offered by a number of motor insurance companies designed to address competition law concerns about the potential exchange of pricing data between competitors.
Penny Black's insurance week
Penny was very close to whipping out her cheque book at the sight of the all the diamond jewellery up for auction at Sterling Insurance’s open day.
Your say: The real postcode lottery
Jack Straw’s Bill has not been particularly well thought out, specifically the point relating to postcode rating. In my view there are two very good reasons why this part of the bill should be changed.
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
Looking back - 1991: Hitting the hot hatches
On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…
Online commercial - Driving business online
Take-up of online commercial products remains less than impressive but where does the blame for suppressed demand lie?
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.
Law report: Bentley hire recoverable but door open for argument
This law report has been contributed by national law firm Berrymans Lace Mawer.
Top 100 UK insurers supplement: A man for all seasons
As CEO of Ageas UK for the last decade, radical changes in distribution, more intelligent use of capital and the financial turmoil are just a few of the changes Barry Smith has witnessed.
Top 100 UK insurers supplement: Referral fees roundtable: The hot potato
With barely a day going by without another opinion voiced on the adverse effects of referral fees, our panel of industry experts debated their contribution to cost inflation and the bigger issues*
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.
Ai Claims profits up 38%
Motor claims management firm, Ai Claims, has reported a profit after tax of £2.7m in the year to 30 June 2011 - up 38% on the £1.9m it made the previous financial year.
AM Best calls for UK insurer price hikes
UK Insurers need to put up prices and cannot release reserves for much longer because of the weak economy ruining investment returns, AM Best has warned.
Ellis Clowes opens Banbury office
Lloyd's insurance broker Ellis Clowes has opened its second office in Banbury.
Crash for cash gang to be sentenced
A gang of crash for cash criminals who pocketed almost £2m from false claims submitted through fraudulent accident management companies will be sentenced at Southwark Crown Court next month.
RSA to head to High Court to defend disputed subrogation policy
RSA is going to the High Court next year in a bid to defend its policy of adding as much as 25% to bills passed on to rival insurers through subrogation.
Editor's comment: Overcoming the barriers
If there’s one thing we can say for sure this week, it’s that the latest round in the subrogation set-to over disputed motor repair bills will not be the last.
Expert opinion: A missed opportunity
MP for Blackburn Jack Straw's proposed bill will have no effect on fraud or premiums, says Philip Dicken, strategic partnersip director, New Law.
View from the top: Sleepwalking to a fleet nightmare
New business discounts, cross subsidising and top-line chasing remain rife, says Laurent Matras, managing director, Groupama Insurances.
Law report: Negligence found after tyre blow-out
This law report has been contributed by national law firm Berrymans Lace Mawer.
Whiplash - Britain: The European whiplash capital
With its proportion of whiplash claims far outstripping any other European nation, what must the UK do to curb this cause of claims inflation?
ABSs could drive down motor claims costs
Alternative Business Structures could be used by the sector to “revolutionise” motor claims processes, yielding savings for insurers, brokers and their customers, according to Tim Roberts, senior partner of Parabis and Eddie Longworth, managing director…
Aviva reviews Downton Abbey adverts
Aviva says it is reviewing critical comments about its TV advertising campaign after Downton Abbey viewers complained about the insurer’s sponsorship and series of TV ads on Sunday night.
RSA insists adding to claims is “legal”
RSA has insisted its use of a wholly-owned subsidiary to increase the prices of motor accident repairs charged to rival firms is lawful.