Serious Fraud Office poised to check Independent

The Serious Fraud Office is poised to launch an investigation into Independent Insurance, following t...

The Serious Fraud Office is poised to launch an investigation into Independent Insurance, following the company's announcement it had gone into provisional liquidation.
The decision to involved the SFO is an unusual one, marking the gravity of the situation. Anyone found to have committed a fraud at the company could face jail. Industry gossip is focussing on so-called claims holidays, in which it is said the company delayed claims payment. This would make the company's financial position

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.