Association of British Insurers (ABI)
Flaxman Partners labels insurers "disingenuous" amid Biba fallout
Claims specialist Flaxman Partners has defended the British Insurance Brokers' Association's (Biba) controversial research revealing that insurers have become stricter on paying claims.
Biba defends claims research
The British Insurance Brokers’ Association (Biba) has defended its handling of the research which claimed insurers had become stricter at paying claims.
ABI slams Biba’s claims research
The Association of British Insurers (ABI) has waded into the debate surrounding research by the British Insurance Brokers’ Association (Biba) alleging that insurers were becoming stricter on paying claims.
Flood risk homeowners hit with £20,000 excess
Homeowners in areas prone to flooding are already facing excess levels up to £20,000 on their insurance policies, according to the AA.
Mixed reaction to government proposals on whiplash
The Association of British Insurers (ABI) has welcomed the government's plans to take tough action on tackling rising whiplash claims, amid criticism it is "cheap political point scoring".
JLT warns of "economic chaos" after flood insurance impasse
JLT has warned that the current flood insurance deadlock could soon harm commercial insurance.
Fitch predicts flood insurance pool
Fitch has stated that the most likely solution to providing insurance coverage in high-flood risk areas of the UK is the introduction of a non-profit risk pool.
ABI claims government flood talks have hit deadlock
The Association of British Insurers (ABI) has claimed that government talks over securing long-term flood insurance for high-risk households have reached deadlock.
MASS calls for better resources to tackle crash for cash fraud
Crash for cash figures released by the Insurance Fraud Bureau (IFB) have been branded “astonishing” by the Motor Accident Solicitors Society (MASS).
All work and no play
With the new regulator fast approaching it seems that every week more and more news stories seem to be focusing on what will change for the insurance industry.
Industry welcomes OFT motor market decision
The Office of Fair Trading’s (OFT) decision to refer the private motor insurance market to the Competition Commission has been welcomed by firms across the industry.
Galbraith: Biba can help point gun at regulation problem areas
Eric Galbraith, chief executive of the British Insurance Brokers’ Association (Biba), has responded to Martin Wheatley’s assertion that the incoming Financial Conduct Authority (FCA) will take a more pre-emptive approach to customer fairness.
ABI register to provide insurers with details of known fraudsters
The Association of British Insurers (ABI) has launched the Insurance Fraud Register, to make details of all known insurance fraudsters in the UK available to insurers.
Autonet pairs with CDL to offer online car history search
Autonet Insurance has joined forces with CDL to develop software which will enable consumers to check a vehicle’s history using its registration number.
Here comes the flood
Brokers are hoping for a watertight solution to stem the tide of the UK’s flood insurance crisis
God said to Noah
Everybody loves to talk about the weather, really, don’t they? They like to have a good moan, and compare horror stories. And recently, there have been some great reasons to do so.
Lawyers highlight impact of IMD on aggregators
Law firm Norton Rose has claimed that aggregators, claims managers and loss adjustors will be most heavily impacted by the changes proposed in the new text of the Insurance Mediation Directive II.
ABI sees 'minimal future benefit' from compulsory commission disclosure
The Association of British Insurers (ABI) has responded to the European Commission’s proposals including on the Insurance Mediation Directive II.
ABI reveals new chairman
The board of the Association of British Insurers (ABI) has nominated Tidjane Thiam as the next chairman of the trade body.
Three in four people contacted by "nuisance" CMCs
More than 75% of people have been targeted by claims management companies, a survey by the Association of British Insurers (ABI) has found.
ABI backs Equality Act exemption
The Association of British Insurers (ABI) has welcomed confirmation from the Home Office that the incoming Equality Act will not apply to financial services.
Insurers branded slow and insensitive over riot claims
The Association of British Insurers (ABI) has defended its members over accusations that insurers have been too slow in compensating victims of last year’s riots.
UK government urged to tackle flood risk insurance issues
The UK government has been urged to take action "sooner rather than later" to tackle flood risks.
OFT competition decision on motor market divides opinion
The news that the Office of Fair Trading (OFT) is considering referring the private motor insurance market to the Competition Commission has been met with a range of different reactions.