Motor claims driven up by rising repair costs – ABI
Insurers paid out £2.9bn in motor claims in the final quarter of last year, according to new figures released by the ABI. That took the annual figure to £11.9bn, with […]
Insurers paid out £2.9bn in motor claims in the final quarter of last year, according to new figures released by the ABI. That took the annual figure to £11.9bn, with […]
Motor insurance premiums have fallen every quarter this year, according to the latest figures from the Association of British Insurers. Its ABI tracker revealed that premiums dropped by a £13 […]
Fraudulent motor claims made up more than half of all fake claims detected in 2024, according to new data from the Association of British Insurers. It detected 98,400 fraudulent claims […]
The Association of British Insurers has revealed it paid out £197m to businesses affected by cybercrime in 2024. This is £138m more than in 2023 and represents a 230% year-on-year […]
New data from the Association of British Insurers has revealed that average motor insurance premiums fell £60 in the second quarter of 2025. It found that average premiums were £562 […]
The ABI has updated its Salvage Code of Practice to bring the guidance in line with new vehicle technology such as electric and hybrid vehicles. The Salvage Code of Practice is […]
The Association of British Insurers has reported that motor insurance claims payouts last year reached a record £11.7bn. It attributed this rise partly to higher vehicle repair costs, which totalled […]
Motor insurance premiums fell two per cent in the third quarter of the year, according to figures released by the Association of British Insurers. This follows a two per cent […]
The government has established a new taskforce to address rising motor insurance premiums and deliver fairer outcomes for drivers. Transport Secretary, Louise Haigh, and Economic Secretary to the Treasury, Tulip […]
Motor insurance fraud was the most common type of insurance fraud in the UK last year, according to figures released by the Association of British Insurers. It detected £1.1bn worth […]
The Motor Insurers’ Bureau has warned that despite a recent fall in premiums there are still 300,000 uninsured motorists on UK roads every day. According to the Association of British […]
The Association of British Insurers has reported that motor insurance premiums have fallen for the first time in two years. Average premiums fell by two per cent between April and […]