Referral fees

96% of young drivers priced off the road

A survey by Young Marmalade ahead of today’s Transport Select Committee hearing with Jack Straw, found that 96% of young drivers feel they have been priced off the road by high insurance premiums.

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%…

Top 100 UK insurers supplement: Steadying the ship

After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.

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.

No panic over end of referral fees

Andrew Morton, head of affinity solutions at Manchester law firm Pannone, said the announcement by the Ministry of Justice banning referral fees in personal injury cases does not mean a complete loss of revenue from legal work for insurers.

Comment - Civil litigation: You’re part of the problem

When the insurance industry launches a campaign to reform our “broken civil litigation system” it predictably wheels out dodgy statistics – including that complete nonsense of a report from Frontier Economics again — and dubious ‘facts’. It conveniently…

Editor's comment: The devil is in the detail

Just when consensus was building across the insurance industry that banning referral fees alone will not cure the UK civil litigation system of all its perceived ills, reduce car insurance premiums, or single-handedly wipe out personal injury claims…

UK Government bans referral fees

The UK government has decided today that it will ban referral fees as part of its commitment to curb the compensation culture.

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