Personal injury (PI)
EY predicts motor market to return to loss again in 2025
The UK motor insurance market is expected to be profitable in 2024, following two years of losses, but then revert back to red ink, according to EY’s latest UK Motor Insurance Results.
Government starts discount rate review
The Ministry of Justice has confirmed the start of the 2024 review of the personal injury discount rate in England and Wales with a decision due no later than 11 January 2025.
Insurance Cares: Military insurance broker launches personal accident policy
Specialist broker Absolute Military has launched its HM Forces personal accident policy for military personnel and their families.
RSA survey reveals underinsurance concern among brokers
Research which was conducted by Censuswide among 207 brokers on behalf of RSA last month, has revealed that 93% of brokers believe underinsurance poses a major threat to UK businesses during economic unrest.
Broker Expo: How to tackle PI
Panelists shared their views on increased regulation, getting adequate cover, and the difficulties and future of the PI sector.
Blog: E-scooters, opportunity or threat?
We've all see e-scooters whizzing along pathways and roads, and we've all heard about the potential for accidents. DWF's Nigel Teasdale digs in to the implications for brokers.
Data reveals dramatic drop in personal injury claims during lockdown
ACSO's Matthew Maxwell Scott says claims numbers cannot continue to be cited as the reason for increasing car insurance premiums and urges the insurance sector to cooperate to improve the customer claims journey.
Insurance Covid-Cast: Combatting coronavirus-related insurance fraud
In the 29th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss the prevention, detection and prosecution of insurance fraud at a time of pandemic.
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes and hearings during the Coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Covid-19: Measures to maintain personal injury claims process launched
The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
PSC Insurance Group buys Carroll Insurance Group for £3.4m
Deal sees CIG join the group's existing Carroll Holman Insurance Brokers business in London.
Insurers disappointed by the new discount rate
Government has changed the rate from -0.75% to -0.25%, which is a smaller rise than what was generally expected.
Zurich-owned N&G launches new small craft product
Policy covers small sailing boats, dinghies, motorboats and speedboats and is available for brokers to sell.
Industry welcomes passing of Civil Liability Bill ahead of Royal Assent
Biba chairman Lord Hunt of Wirral urges the government to avoid further delay in signing the bill into law.
Whiplash reforms delayed until 2020
Government pushes date back for “extensive testing”.
MPs concerned re whiplash reforms
Justice Committee “troubled” by the reliability of insurer fraud data ahead of secondary legislation on personal injury reform.
Biba sends warning on Ogden rate decision delays
The warning comes after the Justice Committee said more evidence was needed before the government can make a decision on how the rate should be set.
ABI slams “unnecessary, unworkable and unfair” motor ruling
ABI warns that owners of vehicles like golf buggies and motorised lawnmowers could be forced to take out third party insurance unless the European Commission takes action.
How could the General Election manifestos impact insurance?
Insurance Age examines what each of the major political parties has to say on issues affecting the insurance market.
Opinion: Rob Townend on claims in car insurance
Cutting bogus claims to cut costs: The number of spurious personal injury claims has been spiralling up but, as Rob Townend says, new reforms could help to crackdown on the problem