ABI to tackle premium finance charges
Members of the Association of British Insurers (ABI) have announced a raft of new principles to manage premium finance charges. Premium finance charges are the fees applied to policyholders who […]
Members of the Association of British Insurers (ABI) have announced a raft of new principles to manage premium finance charges. Premium finance charges are the fees applied to policyholders who […]
New figures have revealed that just 65 of the 1,169 cars stolen in Kent last year were recovered. This represents just 5.6% of vehicle thefts compared to the average of […]
New figures have revealed that car insurance premiums fell by five per cent in the last three months. According to Confused.com’s price index, produced in collaboration with WTW, comprehensive car […]
More than a quarter of a million vehicles were taken off UK roads last year. According to a new Freedom of Information request by National Scrap Car, 214,051 cars were […]
The British Insurance Brokers’ Association (BIBA) has joined forced with Novo to launch a new motor insurance scheme tailored directly for electric vehicles. Available to all BIBA members, the scheme […]
The Motor Ombudsman has announced a new partnership with Howden to enhance services to both policyholders and members. Following the agreement, Howden motor trade insurance customers not already accredited to […]
Motor insurers paid out an average of £1.13m in compensation every hour last year, according to new figures from the Motor Insurance Claims Tracker. It reported that from 2.3 million […]
The National Body Repair Association (NBRA) today published its support of findings from the Financial Conduct Authority (FCA) regarding insurance valuations. Specifically, the FCA has uncovered a trend observed in […]
Drivers have been warned of a new crash data clearing scam that falsifies if a car’s airbags have been deployed. Crash data clearing involves firms offering to reset motorists’ locked […]
The ABI has unveiled a series of steps the industry is taking to combat the rising costs of motor cover. In collaboration with its Consumer Advisory Group, it will commission […]
New data from the Consumer Intelligence Van Insurance Price Index has revealed that the average quoted price of van insurance rose by 35.9% last year, the highest annual increase for […]
Motor insurance prices jumped another 12% in the fourth quarter of last year, meaning premiums rose by more than 25% over the whole year. According to figures released by the […]