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Fire Bank Bosses? What about the FSA Bosses? Who should have done more to protect us? - 01.02.10
2010 seems to be the year for getting things done at the Financial Services Authority (FSA). They have issued several fines, banned a few individuals and started major crackdowns on everything from mortgag...
90% No Claims Discount? Maybe, but not likely in Hull - 01.02.10
>>>> Motorists who say they have been unfairly clamped on private land are being given the right to ask for compensation as part of the new Crime and Security Bill, which is due to come into force in 2011....
Insurers Bubble-Wrap Customers whilst the NHS throw them to the Wolves - 29.01.10
>>>> Legal & General will now provide a maximum of £3m for their life cover, an increase of £1m from their previous limit. Critical illness cover for businesses has also had its limit increased...
Chickens, Horses and Bees get more Compensation than Wounded Soldiers? - 28.01.10
There is no denying it - compensation is on the rise in all sectors and industries. It seems that at the drop of a hat, people will find a "no win no fee" lawyer and aim to get money for even the most spur...
AXA to de-list from Stock Exchange whilst the UK Insurance Industry Need Incentives - 27.01.10
>>>> Insurance giant AXA has said that it will voluntarily de-list from the New York Stock Exchange because of inadequate trading volumes. Once this has happened they will focus on the trading of it...
Look out Joy! It's Sunday! - 26.01.10
YouGov conducted a poll in August 2008 putting much-maligned "left-handers" ahead in the stakes when it comes to passing their driving test at the first attempt, 57% did so. Not bad, when you think they le...
Insurance Costs and Compensation Payouts Skyrocket to create a Longer Recession - 25.01.10
>>>> A survey from the AA has shown that 19% of the 20,000 people questioned knew someone who had driven when they were to ill to do so. Just 2% of people admitted to doing so themselves. The results follo...
Despite Crumbling Finances - Awards and Bonuses still being tossed round the industry - 22.01.10
>>>> According to financial analysts UBS, the insurance sector in Europe could be heading for a period of mergers and acquisitions. A report released this week has suggested that the sales of ING and RBS a...
The Government and Insurers seem to Love Handing out Compensation - 20.01.10
>>>> The Government has announced a new scheme to compensate victims of terrorism attacks abroad. It will apply to those who are not covered by any scheme available in the country where the attack t...
Tables Turn on Women Drivers after Retirement - 18.01.10
>>>> A report from Guardian Money has shown that until the age of 60, men are more likely to make a motor insurance claim, however after the age of 60 women tend to claim more often. The problem is ...
Haiti, Thalidomide and Pleural Plaques - 3 Things Insurers are Not Worried About - 15.01.10
>>>> The victims of the morning sickness drug thalidomide have finally received an apology from the UK government. The apology follows a £20m compensation package which was announced last mont...
£42,000 Chicken Compensation and £8million for non-seat belt wearing crash victim - 13.01.10
>>>> The opinion that the UK has gone compensation mad has been borne out by the fact that a Staffordshire farmer was paid £42,000 after his chickens were frightened by the Red Arrows display team an...
Despite Insurance Workers Extra Efforts to Get in to Work - Customers still Complaining - 12.01.10
The UK has experienced the worst cold snap in thirty years which has caused record snowfall in many parts of the country. For most, that has meant days off work and school, altered plans and even panic buy...
Costs are Always Passed on to the Consumer - 11.01.10
>>>> The NFU Scotland and the National Beef Association have asked the Scottish Government for funding to help farmers affected by the heavy snowfall of the past few weeks. Many farmers have experie...
Winter Causing Excess Claims, Insurers Spend their time asking about Marital Problems - 08.01.10
>>>> The Association of British Insurers has issued guidelines for motorists during the bad weather this winter. This follows the revelation that 27 cars had been stolen in Lancashire in just two hours,...
Despite the Recession, People still not Maximising their Insurance Choices - 06.01.10
>>>> A study by Gocompare.com has revealed that 41% of consumers have not moved their utility or financial services provider during 2009, despite better deals being available. Those with motor insurance we...
Happy New Year to the Insurance Industry - 04.01.10
>>>> Weather forecasters have warned that the current cold temperatures being experienced around the country are set to last for another two weeks. The country has already had the coldest December in a dec...
Merry Christmas UK - Sorry about all the bad news this year - 24.12.09
We can't say that this year at NCD News has been enjoyable. Reporting in the financial sector will always lean toward bad news, but we had hoped to provide you with a larger percentage of helpful tips and ...
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