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£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 ... [195 views]
Kwik Fit bails itself out with Insurance sale whilst Lloyds TSB approves management takeover of Esure - 15.02.10 >>>> According to research by a university in Italy, young drivers who admit to feeling sleepy or who have trouble sleeping are twice as likely to have had a crash. 56% of the students surveyed said they h ... [188 views]
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 ... [183 views]
Things seem to be going well ... for insurers - 10.02.10 >>>> Just one month after its launch, Swinton Bikes has seen an exceptionally high take up of their new dealer referral scheme. In fact, more than 2000 motorcycle dealerships have joined the 2010 scheme, w ... [160 views]
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 ... [157 views]
Can things get worse for honest Brits? Oh, yes! - 01.03.10 Owners of cars who have had them stolen and recovered are paying out hundreds of pounds to get their cars from police pounds. Figures from the Sussex police have revealed that between 2006 and 2009, 4000 p ... [149 views]
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 ... [147 views]
The FSA do nothing ... again. Also, could there be a buyer for RBS? - 08.02.10 >>>> The FSA has banned Mathew Sixsmith, a director of Bridgewater House UK mortgage and life insurance company. The FSA say that he lost £85,000 worth of clients money, by not keeping it in separate ... [142 views]
Sexy Insurance looks lost in a Mundane Industry ... just like it does on this page - 19.02.10 >>>> A group of 18 councils from the south west of England have joined forces to buy their annual insurance policies in a bid to save themselves hundreds of thousands of pounds. The consortium aims to buy ... [141 views]
Marry your daughter to save on car insurance - 24.02.10 Swiftcover has estimated that 36,000 parents in the UK are illegally insuring their son or daughter by naming them as a spouse. Swiftcover found that one in four of those they contacted regarding irregular ... [141 views]
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. ... [140 views]
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 ... [136 views]
"Dog eat Dog" doesn't even begin to describe Britain's reaction to recession - 03.02.10 >>>> Research by Gocompare.com has revealed that one in five pet owners would struggle to pay vet bills if their pet were to fall ill. They would have to rely on an animal charity or not take their pet to ... [136 views]
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 ... [132 views]
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 ... [130 views]
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 ... [130 views]
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 ... [129 views]
Could using Facebook invalidate your home insurance? - 22.02.10 Confused.com has predicted that households who use social networking sites such as Twitter and Facebook could see their insurance cost rise in the future. Those who use the sites are increasingly making th ... [129 views]
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 ... [128 views]
March 22nd Deadline for Annuities - 05.02.10 >>>> Insurers are expecting a flurry of business relating to annuities in the countdown to the April deadline for those aged under 55. On April 6, new rules come into force which mean that those aged under ... [125 views]
Unethical business practices encouraged by government appointed bodies - 26.02.10 £7.8m in compensation is to be given to those affected by the poor advice given by IFA Park Row. The FSA has confirmed that the nationwide group of IFA's had failed to ensure that the products sold w ... [125 views]
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 ... [122 views]
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 ... [120 views]
I predict a ... claims refusal. Who pays for riot damage? - 08.02.10 There are some that have muted concerns regarding the recession and its effect on law and order. The lack of employment, security, good housing and a strong sense of social and economic injustice can all p ... [117 views]
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 ... [116 views]
Wife Swapping to save on Car Insurance - 03.03.10 Direct Line has found that drivers are increasingly swapping their penalty points with partners to avoid losing their licenses. They say that as many as 2% of drivers have asked their partner to take their ... [116 views]
Barclays Boss turns down Bonus & Flood Defences to be Improved ... (finally!) - 17.02.10 >>>> Barclays Bank have this week announced record profits during 2009 of £11.6bn and suggestions that this profit was made off the back of Government support has been dismissed by the banks presiden ... [115 views]
Parishioners to be asked to pay for Priest Sex Abuse Compensation? - 05.03.10 Bishop Denis Brennan, from the diocese of Ferns in Ireland has asked his parishioners to help the church with spiralling compensation claims following the convictions of priests for sexual abuse. He ... [113 views]
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