Referral fees
Motor price hikes forcing drivers to withhold info
Sharp rises in motor insurance premiums are prompting more drivers to withhold information, as rising costs make insurance unaffordable for some, the AA has warned.
ABI calls for referral fee ban
The Association of British Insurers has called for a ban on referral fees after AA research revealed that the average cost of motor insurance premiums has risen 40% in the last year.
Biba and IIB warn members over Bribery Act compliance
The British Insurance Brokers' Association and the Institute of Insurance Brokers have urged members to start putting measures in place to comply with the forthcoming Bribery Act.
Postbox: the easy touch environment
We now have another report that tells us what is wrong with our industry. Embargoed until 11 March, the Transport Select Committee's report made the headlines with breakfast television blaming referral fees for the rises in premiums; later, radio put the…
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Select committee under fire over referral disclosure plans
Motor insurers have hit back at government proposals forcing the industry to disclose details of their referral fee arrangements.
Editor's comment: Out of step with reality?
Just before the devastating events began to unfold in Japan last week, the UK insurance market found itself vexed by the Transport Select Committee's report into the rising cost of motor insurance.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Real change needed on injury claims costs, says Inter Resolve
Rhetoric on injury claims costs needs to be replaced by real change, according to Peter Ashdown-Barr, chief executive officer at Inter Resolve.
Groupama calls for referral fees to be scrapped
Groupama Insurances has called for referral fees to be abolished and for the implementation of Lord Justice Jackson’s review of civil litigation costs.
Comment - liability claims: Insurers take a hard line on claims costs
With liability rates showing no sign of rising, Nick Patterson looks at why insurers have to take a hard line on claims costs.
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.
Legal expenses: The end of after-the-event insurance?
The Jackson Report could see the end of after-the-event insurance. Veronica Cowan canvasses the views of those in the industry to find out if the market would still be viable.
Jackson Report: LEIG publishes response
The Legal Expenses Insurance Group has claimed that there is only the “perception” of a compensation culture in its response to the Jackson Report.
Motor Claims 2011: Adapting to change in the motor market
With the insurance industry suffering from reviews, increased legislation and the need for additional transparency, Brendan Keane looks at how the motor market can adapt and change to keep one step ahead.
Postbox: Going back to basics is the long-term solution
I was interested to read the item on winter freeze claims in the same issue as the article by Ecclesiastical’s David Bonehill on claims professionalism.
Motor claims: Can insurers stem the rising cost of whiplash claims?
With 93% of GPs seeing patients they believe to have exaggerated injuries in order to make a claim, Leigh Jackson asks how insurers can stem the rising cost of whiplash cases.
Cost cutting could affect Jackson proposals
The government's drive to cut public spending could affect its decision to implement Lord Justice Jackson's civil litigation proposals, a pressure group has stated.
Legal update: Whiplash claims: A pain in the neck
With whiplash costs on the rise, despite safer driving conditions, Steve Caffrey questions the role of claims management firms in commoditising claimants.
MP plans 'dramatic changes' for motor
Road safety minister Mike Penning MP has vowed to step up government efforts to tackle the rising cost of motor insurance.
News analysis - Aggregators: Running out of steam?
Motor rates may be stalling but Tom Cooper pinpoints growth strategies to safeguard comparison site expansion.
Post Europe View from the Top: Sunlight drives away shadows
Major risks are not included in the existing European Insurance Mediation Direction. The Federation of European Risk Management Associations believes they should be, and is urging the European Commission to bring them into the current revision of the…
Personal injury - Government reform: How far will they go?
With Lord Jackson's and Lord Young's reports both being delivered in close succession, the question is now whether or not the government has the appetite to deliver change to the personal injury space with some or all of the recommendations being…
Claims Event news: Lawyer suggests referral fees will survive coalition review
Referral fees are here to stay according to a prominent lawyer, who warned the insurance industry it is just going to have to 'deal with them'.