Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Ira...
Motor premiums stabilise but cost to insurers mount
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Article / 14 days ago
Downhill drive continues with the average cost of motor insurance down 7% over the last year
The average price motorists are paying for their motor insurance continues to fall according to the ABI’s latest Motor Insurance Premium Tracker...
The average price motorists are paying for their motor insurance continues to fall according to the ABI’s latest Motor Insurance Premium Tracker...
Article / 3 years ago
Pandemic lockdowns lead to fall in motor insurance claims in 2020
The number of motor insurance claims settled by insurers in 2020 fell by 19% according to figures published today by the ABI (Association of British Insurers)...
The number of motor insurance claims settled by insurers in 2020 fell by 19% according to figures published today by the ABI (Association of British Insurers)...
Article / 3 years ago
ABI comments on the publication of Statutory Instruments to amend Civil Procedure Rules and introduce Whiplash Tariffs
Comment from Mark Shepherd, Assistant Director, Head of General Insurance Policy at the ABI on the publication of Statutory...
Comment from Mark Shepherd, Assistant Director, Head of General Insurance Policy at the ABI on the publication of Statutory...
Article / 3 years ago
One year on - insurers extend their Covid support to help many of the UK’s 17 million home and 27 million motor insurance customers
ABI members extend motor and home insurance Covid-19 pledges to 19 March 2021...
ABI members extend motor and home insurance Covid-19 pledges to 19 March 2021...
Article / 3 years ago
Detected Insurance Fraud - new data shows that every five minutes a fraudulent claim is discovered
The industry’s relentless pursuit of insurance cheats to protect honest customers is delivering results, with the equivalent of nearly 300 fraudulent claims and...
The industry’s relentless pursuit of insurance cheats to protect honest customers is delivering results, with the equivalent of nearly 300 fraudulent claims and...
Article / 4 years ago
Motor claims fell significantly in Quarter 2, though the average claim value reached a record high
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI)...
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI)...
Article / 4 years ago
COVID-19: Fertile ground for claims farmers?
Ahead of the ABI's 2020 Fraud Conference, Catherine Burt, National Head of Counter Fraud and head of the Motor Fraud team at our event partner, DAC Beachcroft, has blogged for us...
Ahead of the ABI's 2020 Fraud Conference, Catherine Burt, National Head of Counter Fraud and head of the Motor Fraud team at our event partner, DAC Beachcroft, has blogged for us...
Article / 4 years ago
ABI Responds to FCA announcement on additional COVID-19 Measures
Today the FCA announced measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. Commenting on these measures, an ABI spokesperson said...
Today the FCA announced measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. Commenting on these measures, an ABI spokesperson said...
Article / 4 years ago
Ministry of Justice to delay Whiplash Reform Programme
The Ministry of Justice have today issued a Written Ministerial Statement announcing a delay to the implementation of the Whiplash Reform Programme until April 2021...
The Ministry of Justice have today issued a Written Ministerial Statement announcing a delay to the implementation of the Whiplash Reform Programme until April 2021...
Article / 4 years ago
