The Association of British Insurers has reported that £1.34bn worth of fraudulent insurance claims was detected in 2025. This represents a 14% increase on the £1.18bn detected the previous year. […]
Insurers paid out a record £3.2bn in motor claims in the second quarter of the year, according to the latest data from the Association of British Insurers. This is a […]
Average motor premiums remained stable in the first three months of the year, despite a rise in claims costs. According to the Association of British Insurers, average motor insurance premiums […]
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 […]
