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Category: Insurance News

AA: New Uninsured Driver Fines ‘Not Tough Enough’ – Increase In Fixed Penalty To £300 Still Too ‘Light Touch’ According To 81% Of Survey Respondents

The fixed penalty for driving without insurance has changed today (6 August), rising from £200 to £300 with no change to the …

Insurance Customers Most Likely To Switch After Bad Service – Only Loan Providers Ranked Lower For Customer Service Standards

Call centre technology provider Aspect’s Consumer Satisfaction Benchmarking Report 2013 revealed that customers were more likely to switch their insurance provider than …

Trade Body: Flood Re Exclusion Will Hurt Small Businesses – Flood Insurance Proposal Could Lead To Hike In Premiums For SMEs, Says British Property Federation

Thousands of small-to-medium-sized enterprises (SMEs) could be left without affordable flood cover because they are excluded from the proposed Flood Re programme, …

Insurers Warned Of Subsidence Claims Surge – Payouts Can Rise To £400m During Event Year

Keoghs has warned insurers to up plan for an increase in subsidence claims following this summer’s heat wave.

A recent forecast by buildings …

Price Still Number One Concern In Car Insurance – Poll Indicates That For Many, Price Still Trumps Cover When Choosing Car Insurance

The price of insurance premiums is overwhelmingly the most important factor when it comes to choosing motor insurance, according to a recent …

No Claims Discount Database To Go Live With Major Insurers On Board – LexisNexis Will Make Information Available At Point Of Quote

Nearly half the motor insurance market has signed up to use LexisNexis’ no claims discount database, which eliminates the need for insurers …

Swinton Apologises On Add-Ons And Offers Customers Refund – Policy Overlapped With Standard Cover

Swinton has apologised to thousands of customers for selling add-on products they may not have understood or needed and has offered them …

Motorists Fined £30m For Speeding Offences In 2012 – Number Of Serious Violations Increases By 10%

The number of court summons issued for speeding offences increased by nearly 10% last year.

Police data released as part of a freedom …

Fixed Penalty Hike Little Deterrent, AA Warns – Rise In Penalty For Driving Without Insurance Will Not Stop Habitual Offenders

An increase in the fixed penalty for driving without insurance from £200 to £300 will not deter repeat offenders, AA Insurance director …

Ninety-Five Per Cent Of FCA Staff Used To Work At FSA – But FCA Insists It Will Act Differently

Some 95% of FCA staff previously worked for the FSA, new figures reveal.

And 95% at head of department level and above previously …

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