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Category: Insurance News

Car Insurance Faces Market Overhaul

The CMA also recommended that the UK’s financial regulator, the Financial Conduct Authority (FCA), should examine how insurers inform consumers about add-on …

Ashbourne Insurance Twice Delighted At FSB 2014 Awards

Cheshunt and Hoddesdon-based Ashbourne Insurance was announced as a Broxbourne Business of the Year at the prestigious FSB Hertfordshire Business Awards 2014 …

No-Fault Claims Adding 30% To Car Insurance On-Line – AA Finds

Mystery shopping exercise reveals motor insurers charge up to 50% more for driver with two no-fault claims. As if someone crashing into …

Aviva Criticised For Dorset Storm Response – Homeowners Say The Insurer Has Failed To Act Quickly Enough

Dorset residents who fell victim to the St Valentine’s Day storm have criticised Aviva for their response to the damage it caused, …

FOS Complaints Climb 38% To Hit Record Levels – But Slowdown In Second Half Of The Year Hints At Improving Situation

The Financial Ombudsman Service (FOS) received a record number of complaints over 2013, with complaints up more than a third on 2012.

The …

Osborne Confirms £140m Flood Funding – Amount Is In Addition To Previous Funding Announcements

Chancellor George Osborne has confirmed an extra £140m of spending on flood defences.

Presenting the 2014 Budget, Osborne said the extra spending would …

Insurers Battle On In Face Of Raging Storms And Political Pressure – Extra Claims Handlers Drafted In As Nearly 6,000 Properties Flooded

Insurers are battling to help customers despite the continued storms and political pressure to pay flood claims quickly.

The Environment Agency has recorded …

Band H Homes At Flood Risk Face Premiums 20 Times UK Average – Hiscox Issues Warning And Calls For Flood Re ‘Not To Discriminate’

Residents of the most expensive homes in flood risk areas will have to pay home insurance premiums 20 times more than the …

SMEs Not Taking Flood Risk Seriously Enough – According To The Zurich Risk Index

Despite a high in business confidence, small businesses could be leaving themselves vulnerable to severe weather.

While technological and workforce challenges top the …

Organised Fraudsters Switch To Pothole Trip Claims – Liability Fraud Detection Less Advanced Than Whiplash

Would-be fraudsters are turning to pothole trips as a way of making money as the net tightens on suspicious whiplash claims, investigators …

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