Politics
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.
Insurers hit as discount rate cut from 2.5% to minus 0.75%
The new rate will be effective 20 March 2017.
Government to bring in fixed tariffs for whiplash pay-outs
Claims without medical evidence to be banned.
Warning of tens of thousands of UK jobs losses from personal injury legal reforms
Consultants state job cuts will stretch across the UK but especially in the South East and cities such as Manchester, Liverpool and Sheffield.
Biba welcomes PM’s speech on Brexit
Trade body pleased with strategy articulated by Theresa May and her preferred direction of travel.
Theresa May to seek phased approach to exiting Single Market
PM says negotiations will be for Free Trade Agreement.
Biba launches 2017 manifesto – Enabling the Insurance Market
Trade body covers IPT, Brexit, regulation costs and more in this year’s document.
Blog: Arron Banks' Question Time appearance
Banks' views on the maximum wage cap, Trump, the NHS, the EU and more.
Lib Dem leader calls for IPT rethink
Tim Farron has called on the government to review its decision to increase insurance premium tax to 12%.
Government reveals new crackdown on whiplash claims
Consultation targets reduction in insurance premiums.
Insurers line up to back government’s whiplash proposals
New consultation to run until 6 January 2017.
Lawyers and campaigners hit out at whiplash reform proposals
MoJ consults on claims reforms it says will save motorists £40 a year.
Biba publishes demands ahead of Autumn Statement
Trade body urges Chancellor of the Exchequer to consider a number of issues including IPT and Brexit.
Biba welcomes flood action plan
Trade body highlights importance for SMEs to be flood resilient.
Government and insurance industry launch flood protection plan
Plan to help property owners and businesses protect themselves against flooding.
Insurers demand action on halted whiplash reforms
ABI warns if government caves in to vested interests of ambulance chasers and cold callers, those businesses will be laughing all the way to the bank.
Opinion: Whiplash reform – more at stake than a potential £50
Andrew Twambley, spokesperson for Access to Justice which is campaigning against the government’s reforms to personal injury, joins the debate.
Brokers support push on whiplash claims, says Aviva’s Townend
Biba backs Aviva’s stance as insurer urges government to pursue reforms.
Aviva poll calls for whiplash reform
The reform, which was initially announced in last November's Autumn Statement, could end cash compensation for minor, short-term injuries and limit lawyers.
Former broker Craig Tracey to become co-chair of APPG for Insurance and Financial Services
Former insurance broker Craig Tracey is to take over as co-chair of the All Party Parliamentary Group for Insurance and Financial Services.
ABI: Theresa May appointment a “positive day”
Trade body vows to work closely with government over insurance industry Brexit issues.
Editor’s letter: July/August 2016
“It is time for a positive problem solving mindset and the insurance industry will have a crucial role to play in the debate”
Under the radar
The Enterprise Act could have wide-ranging implications for brokers and claims, explains Stephen Netherway
In or out? Time to decide over EU vote
With the referendum over the UK’s future in the EU looming, Insurance Age gauges how the European insurance community views the vote