Breaking news
Motor insurance claims fell by 48 per cent during the lockdown period, when compared to the previous quarter, data from the Association of British Insurers (ABI) has revealed this week. It said there were 324,000 new claims in the second quarter of the year, compared to the 678,000 received in the first, thanks to the … Read more
Home and contents policyholders have been encouraged to check their insurer will cover them for working at home for the rest of 2020. As the Government encourages more people to head back to the office, this could possibly lead to dispute between insurers and policyholders, according to insurer, Urban Jungle. This is despite the fact … Read more
Life insurers could soon face an inquiry into the ‘cruel and unfair’ way they treat dying customers, Money Mail can reveal. The insurance is supposed to provide you with the peace of mind that your loved ones will be financially secure if you die. Many policies will also pay out early if you are diagnosed … Read more
‘We fought for £9.5k refund’: Insurers are unfairly rejecting claims for cancelled weddings By Money Mail Reporter For The Daily Mail Published: 22:27 BST, 25 August 2020 | Updated: 22:27 BST, 25 August 2020 Fighting back: Teachers Lidia Szmid, 30, and partner Adam Burton, 32 Insurers are unfairly rejecting claims for cancelled weddings. But one couple … Read more
Insurers under fire for comparing the Government’s lockdown order to eating your ‘five a day’ By Lucy White For The Daily Mail Published: 21:50 BST, 20 July 2020 | Updated: 22:23 BST, 20 July 2020 A blockbuster legal battle against eight insurers kicked off yesterday over their refusal to pay out business interruption claims to … Read more
Car insurance claims plummet but insurers pocket the savings! As just a handful reimburse drivers, we reveal where costs have dropped most Car insurers have saved £1.3billion as fewer claims were paid during lockdown However most drivers have continued to pay their premiums as they did before Despite a few exceptions most motorists have not … Read more
Health insurers urged to cut premiums for five million Britons who pay for care after almost all 8,000 private hospital beds were seconded to the NHS during pandemic Former Pensions Minister Baroness Altmann called on insurers to cut premiums Five million Britons pay a monthly average of £120 to access swift private care Almost all … Read more
There has been a rise in reports of fire incidents at households across the UK since lockdown began, new research has revealed. Multiple insurers have reported an increase in home insurance claims made by customers after fires started at their homes, with barbecues and bonfires proving to be the main cause of the problems. Aviva … Read more
Insurers face crackdown: Watchdog orders firms to ensure customers get value for money throughout pandemic By Daily Mail City & Finance Reporter Published: 21:51 BST, 3 June 2020 | Updated: 21:51 BST, 3 June 2020 Insurers may have to refund premiums or suspend monthly payments to make sure the price matches the service they provide Insurers … Read more
Thousands of small businesses fear they will go to the wall before the conclusion of a landmark legal battle over vital insurance payouts for Covid-19 closures, campaigners have warned. Sixteen insurers were this week named in a High Court action brought by the financial regulator over the refusal to provide payouts to desperate companies, in … Read more