Commercial Lines related articles – Page 253
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Mortgage fraud could force out insurers
An alarming increase in claims against solicitors, linked to mortgage frauds, could have a destructive impact on the solicitors’ professional indemnity (PI) market, experts warned this week. Insurers have reported an unexpectedly high number of claims notifications, suggesting mortgage fraud against solicitors. Large scale claims would be another ...
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Commercial rates set to rise by up to 10%
Norwich Union (NU) and AXA are set to increase commercial lines rates by as much as 10% from 1 November. The rises will apply across a broad range of commercial classes, including property and fleet, and could signify the beginning of a hard market. AXA said it would be introducing ...
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Online onlyABI blasts government over flood defence spending
Association says government has failed to grasp importance of improving Britian's flood defence
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Direct Line launches buy to let insurance
Cover is the first of several commercial products to be rolled out this month
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Arista boosts underwriting team in Bristol
Ex-Fusion man appointed regional underwriting manager
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Bollington acquires Manchester broker
Group strengthens North West position with first aquisition since Groupama takeover
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Online onlySwiss Re gets rating
SR International Business Insurance placed on review for possible upgrade
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JLT’s £20m offer leads bids for First City buy-out
Three in race to take over independent Lloyd’s broker
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Novae loses three more underwriters
Insurer Novae has suffered more resignations with the loss of three underwriting staff, including two senior underwriters. Gail Cook, head of regional professional indemnity (PI) in London, who also runs the insurer’s regional solicitors’ PI strategy, has gone.And Dominick Rogers, underwriting manager for Scotland and Northern Ireland has also left ...
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Court to decide who pays for pollution clean-up
Insurers have warned that the outcome of a landmark case to be heard by the Court of Appeal this week could lead to pollution-related exclusions on public and general liability policies. The case will decide whether clean-up costs arising from pollution are covered by a public liability policy. Experts said ...
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AXA calls for police focus in fighting fraud
Police do not have suffcient resources to reduce fraud effectively, says insurer
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D&O cover set to broaden, predicts Miller
Market will follow Liberty's lead in widening cover
