General Insurance Industry News News

The Association of British Insurers (ABI) has reassured the British Medical Association (BMA) that doctors and other healthcare workers will be treated the same as other workers when applying for life...

The Financial Conduct Authority (FCA) has confirmed that new coronavirus relief measures, requiring insurers offer struggling customers payment holidays and premium reviews, will come into force...

Insurers could be compelled to pay out previously rejected business interruption claims to more than a million of firms, depending on the outcome of a High Court case being brought to trial by the...

After introducing relief measures for credit cards, loans and car finance products, the Financial Conduct Authority is proposing assistance for insurance customers struggling to stay on top of their...

The total bill for the damage to property, vehicles and possessions caused by storms and flooding last month will top £360 million, according to the insurance industry.Insurance firms expect to pay...

As you buy Christmas gifts, you might be tempted to hide them from snoopers and box-shakers until December 25, so as to not ruin the surprise or blow your cover as Santa Claus. But beware of where you...

Up to six million loyal car and home insurance customers are overpaying by around £1.2 billion each year, according to the Financial Conduct Authority. A recent investigation by the FCA found that...

Complaints about insurance providers and policies have soared over the last five years, but a third are decided in favour of the consumer, data from the Financial Ombudsman Service has revealed....

In order, the Association of British Insurers (ABI) and British Insurance Brokers' Association (BIBA) have jointly published a set of rules designed to tackle the longstanding issue of ‘dual...

Insurance companies hiding details from customers when renewing their policies have come under fire from the Financial Conduct Authority (FCA). When a customer’s car insurance policy is due to be...