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Insurance News


AA: Car insurance costs spiralling
17 Jul 2008 source: financemarkets.co.uk

... According to the AA’s quarterly British Insurance Premium Index, car insurance premiums are increasing again despite a brief respite. The index established that in the three months to the end of...


Zurich withdraws from RBS insurance arm bidding
12 Jul 2008 source: financemarkets.co.uk

... A further bidder has withdrawn from buying the insurance arm of the RBS (RBS). Swiss insurer, Zurich Financial Services Group, has decided to opt out of the bidding. A source close to the situation...


Agreement reached to ensure homes will get flood cover
12 Jul 2008 source: financemarkets.co.uk

... A deal has been reached between the Government and the Association of British Insurers (ABI) to ensure that homes will continue to receive flood cover. Last month, the ABI warned the Government to...


Fraudulent motor insurance claims worth £5 million every week ...
4 Jul 2008 source: financemarkets.co.uk

... According to industry body, Association of British Insurers (ABI), dishonest drivers face a nasty surprise as detection of fraudulent claims has increased by 70% over the last 3 years. Last year...


Clean driving licence holders benefit when it comes to car insurance ...
3 Jul 2008 source: financemarkets.co.uk

... A recent study by price comparison site, confused.com, has established that motorists with penalty points can pay up to 60% more for their car insurance than those with a clean licence, paying on...


Consumers look to save money by trimming back insurance policies ...
24 Jun 2008 source: financemarkets.co.uk

... Over a quarter of consumers are looking to save money by cutting back on their insurance policies following the credit crunch. As a result, the insurance industry is facing a £1.5 billion according...


PPI comparison tables now available on FSA website
24 Jun 2008 source: financemarkets.co.uk

... Consumers looking to purchase payment protection insurance (PPI) can now get advice from the Financial Services Authority (FSA). The watchdog’s website now has free, impartial comparison tables...


Defra announce plans for flood relief assistance
22 Jun 2008 source: financemarkets.co.uk

... One year on from last summer’s devastating floods, the Department for Environment, Food and Rural Affairs (Defra) is proposing to assist homeowners and businesses to better protect their premises...


517,000 homes at risk of being flooded warns ABI
19 Jun 2008 source: financemarkets.co.uk

... The Association of British Insurers (ABI) is warning that the Government must take action against floods as its members will stop insuring people in high risk areas. According to the ABI, there are...


Women pay 9% less for their car insurance than men
11 Jun 2008 source: financemarkets.co.uk

... According to research from moneysupermarket.com, women get the best deal on car insurance while young male motorists are paying the most expensive premiums. A study by moneysupermarket.com has...

 
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