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Entries from March 2008

Winston Churchill, insurance adviser

Fraser Tern - Saturday 29.03.08, 06:43am

A word from Winston Churchill [the wartime PM, not the dog]:
“If I had my way, I would write the word “insure” upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise [...]

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Tags: Buildings Insurance · Health Insurance · Home Insurance · Life Insurance · Motor Insurance

Motor Insurers Ready To Battle Over Proposed Vehicle Removal Increases

John Williams - Friday 28.03.08, 10:16am

The UK’s biggest motor insurers are getting ready to do battle with the Home Office over plans to increase charges for the removal of broken down vehicles from the roadside.
The Home Office want to replace the current charges of £105 per removal, £12 per day storage and £50 for disposal, with 23 bands of charges [...]

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Tags: Motor Insurance

Storms And Theft Hit Ecclesiastical Profits

John Williams - Thursday 27.03.08, 12:18pm

Specialist insurers Ecclesiastical have reported profits of £35.6million for 2007, a drop of over 50% on the previous years figure of over £77million.
Ecclesiastical specialise in insurance for charities, schools, the care sector, historic buildings and churches. The company was founded in 1887 to provide cover for the Anglican church, but in more modern times has [...]

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Tags: Specialist Insurance

Injury claims take too long – ABI

Fraser Tern - Wednesday 26.03.08, 06:47am

The Association of British Insurers is pushing for government action to improve life for
personal injury claimants.
Along with extortionate and often unnecessary legal costs being attached to claims – in turn driving up premiums – it has been found that motor accident injury claims take an average of 730 days to settle. Workplace claims take [...]

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Tags: Insurance News · Personal Injury

5,000 Flooded Homes Still To Be Repaired

John Williams - Tuesday 25.03.08, 10:56am

An incredible 5,000 homes affected by last years floods are still not habitable, according to a report from BBC Radio 5 today.
The radio station has based its report on findings from local authorities, but also say that the number could be higher still as it is believed that some people have not notified the authorities [...]

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Tags: Buildings Insurance · Home Insurance

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