The Irish government announced this week that a committee would be established to look at reforming the personal injury claims sector. Businesses have closed down due to premiums doubling, and payouts on minor injuries are […]
The Financial Services Compensation Scheme (FSCS) has further extended the deadline for CRL Management to find an alternative insurer to provide replacement cover for Alpha latent defect and structural damage insurance policyholders whose policies terminated […]
A new Trade association has been formed to represent business that look after customers in the civil justice system, when they make a claim for insurance, injury, negligence and mis-selling. The trade body, ACSO (the […]
Verisk, a leading global data analytics provider, has today announced that UK third-party claims administrator indemnis has successfully deployed ISO Claims Outcome Advisor® (COA™) and the MoJ application-to-application interface for its UK customers. indemnis handles UK motor […]
Following the Civil Liability Bill receiving Royal Assent today, Mark Hemsted, a partner with international law firm Clyde & Co, said: “This is a very welcome Christmas present for both the public and insurers. The reforms, coupled […]
Specialist insurance provider, CFC, has launched its first insurance solution for financial institutions. CFC’s Investment Management Insurance (IMI) policy is the first in a suite of products designed to address the challenging risk environment faced […]
The EU Commission has announced that it intends to grant consumers the right to form collective group actions across the European Union. The proposals are quite far-reaching with the EU intending to levy fines based […]
The RAC has been reprimanded by FCA, (Financial Conduct Authority) over its failure to make previous breakdown costs prominent and crystal clear, when inviting customers to compare prices, and then take up insurance and breakdown […]
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