Motor injury claims reported to the Compensation Recovery Unit (CRU), the government body for recording claims, fell by almost 100,000 during 2021. The latest data show claims fell from 495,373 in 2020 to 398,051 last […]
Disclaimer – Your IE Editor is an MCE policyholder. MCE Insurance sent out an email today officially cancelling all policies from January 31st 2022. IE magazine contacted MCE’s website today and a LiveChat operative told […]
The FCA has recently published a Discussion Paper aimed at maintaining a compensation framework that provides appropriate protection for consumers, funded in a fair and sustainable way. The Financial Services Compensation Scheme (FSCS) provides compensation […]
Who would have guessed that a government scheme to help resolve low cost PI claims would actually result in under 1% of them being sorted out and settled reasonably quickly? Not us at IE, we […]
The latest from the FCA on the Provident problem; Today the Court sanctioned Provident’s scheme of arrangement (the ‘scheme’). The Financial Conduct Authority (FCA) has been clear that it does not support the scheme for […]
When an employee gets injured on the job, you will want your insurer to provide medical coverage and paid time off as soon as possible. This way, your employee can recover from serious injuries that […]
You have recently been in a car accident, and you are preparing to file an insurance claim. You are ready to answer all of the insurance company’s questions and provide them with any information and […]
Severe flooding in Germany, Belgium the Netherlands and elsewhere has prompted rapid action from insurers. The German GDV insurer association said the events may prove to be one of the most expensive natural catastrophes of […]
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