Personal Lines related articles – Page 195
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Two arrested in staged motor accident crackdown
Police arrest a further two suspects in dawn raids in the ongoing crackdown on cash for crash scam
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News
Price war warning over HSBC deal with NU
Norwich Union's (NU) proposed joint venture with HSBC could spark a price war in the personal lines market, analysts have warned. The joint venture will see the formation of a new insurance company, HSBC Insurance Co, which will underwrite and distribute motor, household and other general insurance products to HSBC's ...
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News
Insurers agree fees for medical reports
An agreement to cap medical reporting fees has been reached between 10 leading insurers and medico-legal reporting organisations. The deal could slash the fees paid by insurers by up to 20%, according to the Association of Medical Reporting Organisations. The agreement brings to an end a lengthy period of ...
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Features
Looking for a knock-out
The long running saga of whether travel agents should be regulated for selling travel insurance is about to be decided. Anita Anandarajah explains the issues
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Four arrested in 'cash for crash' insurance scam
The Insurance Fraud Bureau (IFB) has helped West Yorkshire Police with intelligence-gathering, leading to the arrest of four people today suspected of staging motor accidents...
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MCE launches motor insurance website
Broker, MCE, has launched a new fully interactive e-commerce site for private car and motorcycle insurance...
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Travel insurance is “too cheap” to be any use
Some policies charge too little to be able to pay out, warns Defaqto...
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Attorney general announces national anti-fraud strategy
Lord Goldsmith said the government was planning to establish a National Fraud Research Centre...
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Agreement reached on medical agency fees
Medical reporting organisations and insurers have reached an agreement that should put an end to disagreements about the recoverability of medial agency fees...
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NU targets top 10 with HSBC venture
HSBC Bank and Aviva have announced plans for the creation of a joint venture, under the "HSBC Insurance" brand, that aims to be a top-10 player in the UK general insurance industry. Under the terms of the planned joint venture, HSBC Bank and Norwich Union Insurance, the UK general ...
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Insurers must invest in fraud detection technology
Aron Thompson, head of insurance at uSwitch.com, has urged insurers to invest heavily in new technology to investigate fraud effectively...
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Provident sells motor business for £170m
Provident Financial has confirmed the sale of its motor insurance business to a subsidiary of GMAC Insurance...
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C-Zone
PPI for the expert
Payment protection insurance has received much unwanted publicity recently, mainly because of confusion over what it covers. Steve Dutton details the covers provided
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News
DRI data recovery launch
The DRI Group has launched an insurance-backed data recovery package for desktop computer and laptop users with two further products out before the summer.The company claims the product, underwritten by AXA, is the first of its kind. DRI Group said it was aimed at the commercial and personal lines markets. ...
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Emerging risks impeding business development says Lloyd's
Increased concerns at board level regarding terrorism and political violence risk is causing businesses to avoid investing in politically sensitive areas or locating offices in large cities, according to Lloyd's.In a new report Lloyd's reveals that over a third of companies avoid investing in overseas markets for fear of political ...
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FSA sets further deadline for TCF
The FSA has reported an increase in commitment by senior management to the principle of Treating Customers Fairly but warned firms who have failed to engage that they face tough action...
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Burgess: PPI market investigation too slow
The Competition Commission is standing by and letting millions of cash-strapped consumers waste money on inflated Payment Protection Insurance premiums...
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Assurant launches in Irish insurance market
Assurant Solutions has entered the Irish insurance market...