Motor – Page 62
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NewsLV= profits rise but BI claims continue to bite
Insurer benefited from competitors’ renewal premium hikes as customers shop around
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NewsWinners and losers in motor market revealed
Strong player Highway shifts net combined ratio from 122% to just over 100%
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Online only
Seven-fold rise in motor insurance fines
The volume of motor insurance fines has increased more than seven-fold since 2005, according to new figures. Junior Home Office minister James Brokenshire informed Labour backbench MP Chris Ruane in a written parliamentary answer, issued last week, that the number of fixed penalty notices issued for vehicle insurance offences climbed ...
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NewsMarkerstudy’s reserves below best estimates as legal battle continues
Insurer strengthened reserves by £11m in 2009, accounts reveal
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Online onlyDavid Cameron backs referral fee ban
David Cameron has signalled his strong support for a referral fee ban.During Prime Minister’s question time yesterday, he said that he is “very sympathetic” to a referral fee ban.He said: “My hon. Friend makes a very good point about the problem of referral fees that are driving up the cost ...
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