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Category: Insurance News

Government To Unveil Whiplash Plans – Justice Secretary Chris Grayling Will Launch Consultation On Creating Independent Medical Panels

The government is set to unveil its plans to reduce the huge number of whiplash claims that have been pushing up insurance …

EU Gender Directive To Drive 25% Of Women Off Roads, Says Survey – Thirteen Per Cent Of Women Drivers Could Be Priced Out Of Buying Cover

Up to a quarter of all women drivers could be forced off the road as a result of higher premiums when the …

Pet Owner Sentenced For £13,500 Fraud – Woman Gets 240 Hours Community Service After Pleading Guilty To Five Counts Of Fraud

A woman in Northern Ireland has been sentenced to 240 hours community service after pleading guilty to five counts of insurance fraud …

Parsons Looking To Sell Gocompare – Report. Founder Could Net £100m If Sale Goes Ahead

Gocompare founder Hayley Parsons is considering selling the company, The Guardian reports.

According to the paper, Parsons has hired accounting firm Grant Thornton …

Insurers Braced For Flooding After Environment Agency Warning – Environment Agency Says Even Small Amounts Of Rain Will Trigger Flooding

Insurers should brace themselves for flooding in the winter months following an Environment Agency warning that even small amounts of rainfall will …

Cameron Urges Progress With Flood Insurance Talks – Prime Minister Weighs Into Statement Of Principles Debate

Prime minister David Cameron has urged insurers to provide “proper protection” to flood-prone properties after a Conservative MP accused the ABI of …

Millions Of UK Motorists Drive Without Insurance, Says Report – Millions Of UK Motorists Have Run The Risk Of Penalty Points, A Fine Or A Driving Ban After Unwittingly Driving Without Insurance

The survey found that 2.2m motorists have driven without insurance, with the majority (1.8m) mistakenly believing they were insured at the time.

The …

Goal Line Technology Firms Take Out Insurance Cover – Hawk-Eye And GoalRef Insure Against Legal Disputes

Goal-line technology companies have been ordered to take out insurance cover by FIFA in order to avoid being sued for failing to …

Direct Line Bosses To Pocket Post-Flotation Bonuses – Chief Exec Geddes Could Net £3m Share Incentive

Direct Line Group (DLG) bosses will be paid multi-million pound bonuses as the insurer prepares for its planned flotation, according to the …

Biba: ‘Ban Banks From Selling General Insurance’- Broker Trade Body Says Banks Should Focus On Their Own Business

Biba chief executive Eric Galbraith has called on the FSA to ban banks from selling general insurance products.

Galbraith’s strongly worded comments come …

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