Insurance
Insurance fraud higher than ever at 2,300 claims a week
(FAIR INVESTMENT) - Insurance providers are detecting more than 2,300 fraudulent claims every week – the highest figure on record – according to the Association of British Insurers.
The latest figures on insurance fraud from the ABI show a rise on last year, when 122,000 fraudulent claims were detected each week – [...]
Online Search Volumes for Travel Insurance Rise as Home Insurance Falls
3.1 million searches performed in April by UK consumers for insurance-related products.
London (PRWeb UK) July 5, 2010 — Search volumes for travel-related insurance since January have increased from 896,000 to 932,000, reveals the ‘Insurance Sector Report April 2010‘, the latest research from Greenlight, the UK’s leading independent specialist search engine optimization (SEO) and pay per [...]
Rural Insurer Boosts Somerset Team
Two new Insurance Inspectors have been recruited in Somerset by regional firm Cornish Mutual, following increased demand for specialist agricultural insurance advice.
Truro, Cornwall (PRWEB) May 29, 2010 — Andy Grossey and Joff von Tyszka have recently joined the South West-based company and will look after Members across the county, boosting the insurer’s presence in Somerset.
Cornish [...]
Aviva launches volcanic ash insurance
(GUARDIAN) - Holidaymakers can insure their trips against the risk of cancellation caused by volcanic ash from the beginning of June following the launch of an optional add-on to standard travel insurance policies.
From 1 June, customers who are buying or renewing annual or single-trip policies from Aviva will be able to [...]
Prudential CEO prepares to face the AIA
(REUTERS) - The insurer will either land one of the most audacious takeovers since the start of the credit crunch — still the most likely option by a slim margin — or be left behind looking vulnerable as a takeover target itself.
“Large and small shareholders have reservations about the price of [...]
900 Quinn Insurance workers to lose jobs
(BBC) - The administrator running Quinn Insurance says he hopes most of the 900 cuts announced at the company will be achieved through voluntary redundancy.
Staff were told on Friday that the jobs, including 200 posts in Enniskillen and Derrylin, must go to ensure the future of the business.
Michael McAteer from Grant [...]
Iceland volcano: Travel insurance confusion
(BBC) - Travellers whose holiday plans have been ruined by the volcanic ash that grounded UK flights face confusion over insurance.
Although airlines will refund or rebook flights, many passengers face the cost of hotel rooms and car hire that have not been taken up.
Some travel insurance policies are expected to pay [...]
Recruiters warn National Insurance rise a threat to jobs
(TELEGRAPH) - Hays and Robert Walters said the Labour Party’s plan would ensure the UK employment sector remained challenging, despite “strong growth” in the City.
Paul Venables, Hays’ finance director, said the “last thing” the market wanted was additional taxes on employment.
His sentiments were echoed by [...]
Brite Insurance Announces Home Insurance Comparison Tool
Brite Insurance, the UK’s leading home insurance brokers, is pleased to announce the launch of a new home insurance price
comparison tool for consumers.
London, UK (PRWEB) January 24, 2010 — Brite Insurance, the UK’s leading home insurance brokers, (http://www.briteinsurance.co.uk/) is pleased to announce the launch of a new home insurance price comparison tool for consumers.
Unlike [...]
CFA Institute Says Sole Burden for the Bailout Must Not Fall to Shareowners
“The latest proposal to tax large financial institutions is intended to send a message on record bonus compensation and the politically expedient need to recoup taxpayer funds, but ultimately, the pain will be borne by shareowners,” said Jim Allen, CFA, head of capital markets policy at CFA Institute.
(Vocus) January 19, 2010 — The latest proposal [...]
