Insurance news

• MPs demand FCA probe into Aviva preference share row

  20-03-2018 19:41 via ft.com
  Preference share market rocked by insurer’s threat, as investors warn of legal action
  
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• Whiplash claims revamp to save drivers £35 a year

  20-03-2018 15:18 via ft.com
  Move to cut size and number of car insurance claims
  
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• UK rules target ‘epidemic’ of whiplash claims

  20-03-2018 15:18 via ft.com
  Government says move to cut size and number of car insurance claims will lower premiums
  
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• Insurance leaders pledge to pass on personal injury reform savings

  20-03-2018 14:55
  Insurance leaders have pledged to pass on all savings made through the Civil Liability Bill reforms to policyholders.
  
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• UK drivers to save £35 after new curbs on whiplash claims

  20-03-2018 14:36
  Average car insurance premium to drop as government tackles £1bn-a-year compensation billCar insurance premiums are to fall by £35 a year after the government announced measures to curb the high number of whiplash claims that currently cost UK drivers over £1bn a year. The justice secretary, David Gauke, unveiled plans to introduce the civil liability bill through the House of Lords, which will set out changes to the way that whiplash claims are calculated and paid.Continue rea
  
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• Every UK driver to save £35 after new curbs on whiplash claims

  20-03-2018 14:36
  Average car insurance premium to drop as government tackles £1bn-a-year compensation billCar insurance premiums are to fall by £35 a year after the government announced measures to curb the high number of whiplash claims that currently cost UK drivers over £1bn a year. The justice secretary, David Gauke, unveiled plans to introduce the civil liability bill through the House of Lords, which will set out changes to the way that whiplash claims are calculated and paid.Continue rea
  
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• Claimant lawyers hit out at government’s discount rate reform

  20-03-2018 14:18 via insuranceage.co.uk
  Lawyers say the legislation will “severely impact the seriously injured” after Civil Liability Bill is introduced in the House of Lords.
  
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• Insurance industry welcomes Ogden rate reform

  20-03-2018 12:55 via insuranceage.co.uk
  Industry players expect new Civil Liability Bill to lead to a positive discount rate with some predicting a rate of between 0-1%.
  
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• New UK rules target ‘epidemic’ of whiplash claims

  20-03-2018 12:49 via ft.com
  Government says measures to cut size and number of car insurance claims will lower premiums
  
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• Lorega adds to SME cyber product range

  20-03-2018 12:45
  The products now include an expert telephone helpline to assist businesses following a data breach or cyber-attack.
  
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• Claimant lawyers accuse government of ‘washing its hands’ of injured people

  20-03-2018 12:06
  The government has been accused of taking a ‘sledgehammer approach’ to personal injury reform as it today introduces the Civil Liability Bill to parliament.
  
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• Pen Underwriting makes 11 redundant at Chelmsford office

  20-03-2018 11:58 via insuranceage.co.uk
  The redundancies are from the schemes side of the business.
  
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• Tributes paid to former APPG insurance deputy chair Baroness Turner

  20-03-2018 11:32
  A former chair of the All Party Parliamentary Group for Insurance and Financial Services has paid tribute to one of its longest serving members who sadly passed away last month.
  
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• Discount rate reform unveiled by the government

  20-03-2018 10:39
  Justice Secretary David Gauke to introduce the Civil Liability Bill, which includes changes to how the Ogden rate is set.
  
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• Warning: Insurance Age will be hacked

  20-03-2018 10:28
  But don’t worry, it is a simulation to highlight the complexities around cyber security and explain what brokers can do to assist their clients. Join us on 26 April for the full story.
  
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• Government to unveil discount rate reform

  20-03-2018 09:29
  The government will today introduce reforms to the way the discount rate is set, although it is not known whether a new rate will also come as part of the legislation.
  
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• RSA's Gail Parker on using internal brand engagement to better serve customers

  20-03-2018 07:00
  Gail Parker, brand, marketing and distribution director at RSA Personal Lines, shares her tips on employee engagement and customer satisfaction.
  
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• Blog: How brokers can convince schools to buy cyber coverage

  20-03-2018 07:00
  With less than one in three UK schools covered by cyber insurance, Faith Parish, education director at Ecclesiastical, explains how brokers can encourage take-up.
  
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• Analysis: Risks, challenges and opportunities of commercial use of listed buildings

  20-03-2018 07:00
  Underinsurance casts a long shadow across the world of listed properties, especially when owners are constantly expanding commercial activities. Experts warn that there can be many traps for the unwary or naïve, many of which do not come to light until there is a claim
  
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