Lord Chancellor leaves insurers reeling with new Discount Rate
Elizabeth Truss has shocked the insurance industry by adjusting the Discount Rate for lump sum compensation payments for life-changing injuries...
Read MoreInsurers may need to get ready for a wave of claims from former football players who have dementia
Insurers should brace themselves for a large number of former football players seeking compensation for head injuries that have led...
Read MoreVirtus targets major UK insurers with aim of giving customers a “fairer deal” over property claims
Virtus, a new independent validation and surveying service for property insurance claims, is targeting major insurers ahead of the likely...
Read MoreInsurers at high risk of losing customers during claims process due to outdated tech, says DST Systems
DST Systems has said that insurance firms are at a high risk of losing customers during a claims process. The...
Read MoreInsurers “worthy of Scrooge himself” in attempting to block discount rate review for severely injured people says APIL
The Association of Personal Injury Lawyers (APIL) has branded the insurance industry’s legal challenge of the Lord Chancellor’s decision to...
Read MoreGovernment says insurers will pass on £1 billion of savings if whiplash claim reforms go through
The Ministry of Justice (MoJ) has said that insurers will be able to pass on £1 billion worth of savings...
Read MoreBVS launches new division to assist insurers with water damage claims
BVS , the building and contents claim validation company, has launched a new division to assist insurers with water damage...
Read MorePublic don’t trust insurers to pass on car insurance savings if small claims reforms go through
77% of the public do not believe insurance companies will hand customers any savings made from proposed government reforms to...
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