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Government urged to learn from past mistakes with OIC as it consults on introducing compulsory mediation

Claimant representatives have urged the government to learn from its mistakes as it plans further reforms to the civil justice system with compulsory mediation.

Official injury claims

Pamela Kokoszka - Insurance Post

Pam is a senior reporter for Insurance Post covering the claims beat. She joined Insurance Post in 2019 and won British Insurance Brokers’ Association most promising newcomer award in 2020. In 2022, she was a joint winner of British Insurance Brokers' Association best investigative journalism award for the article that exposed loopholes in the Financial Conduct Authority's regulation of claims management firms.

United kingdomAmanda blancMarco distefanoScott whewayJohn glenLeanna flemingBen fletcherWaseem malikAssociation of personal injury lawyersMotor insurer bureauFreedom services groupFinancial ombudsman serviceDepartment forFinancial conduct authorityHigh courtServices group

Car insurance costs fall to 5-year low in wake of lockdown

Car insurance costs fall to 5-year low in wake of lockdown
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United kingdomLaura hughesAssociation of british insurersBritish insurersOfficial injury claimsஒன்றுபட்டது கிஂக்டம்லாரா ஹக்ஸ்சங்கம் ஆஃப் பிரிட்டிஷ் காப்பீட்டாளர்கள்பிரிட்டிஷ் காப்பீட்டாளர்கள்

Car insurance costs fall to £430 - their lowest since 2016

Car insurance premiums have reversed to £430 making them the lowest they ve been in five years, new data from the industry body shows. The average cost of comprehensive motor insurance is now £30 cheaper than last summer and £44 lower than the first three months of 2020, ahead of the pandemic. The lower figure is also the cheapest quarterly average since the beginning of 2016, when cover typically came in at £429, according to the Association of British Insurers. The average cost of comprehensive motor insurance is now £44 lower than before Covid The cost of car insurance has sunk over the past year, in part due to the significant drop in car insurance claims during successive lockdowns and fewer vehicles on the roads. The data is up until the end of June 2021.

United kingdomLaura hughesAssociation of british insurersInsurance premium taxOfficial injury claimsஒன்றுபட்டது கிஂக்டம்லாரா ஹக்ஸ்சங்கம் ஆஃப் பிரிட்டிஷ் காப்பீட்டாளர்கள்காப்பீடு ப்ரீமியம் வரி

Average motor insurance premium falls to five-year low

Average motor insurance premium falls to five-year low 05/08/2021, 12:02 am The average cost of motor insurance has fallen to a five-year low, according to the ABI (Rui Vieira/PA) The average cost of motor insurance has fallen to a five-year low as coronavirus lockdowns have led to fewer claims, according to insurers. Drivers are paying £430 on average for comprehensive cover – the lowest figure since the first quarter of 2016 – the Association of British Insurers (ABI) said. The ABI’s tracker looks at the price people pay for cover rather than the price they are quoted. The £430 average recorded in the second quarter of this year is £6 lower than the previous quarter and £30 (7%) lower than the same quarter in 2020.

United kingdomLaura hughesAssociation of british insurersBritish insurersOfficial injury claimsஒன்றுபட்டது கிஂக்டம்லாரா ஹக்ஸ்சங்கம் ஆஃப் பிரிட்டிஷ் காப்பீட்டாளர்கள்பிரிட்டிஷ் காப்பீட்டாளர்கள்

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