Insurers charge a premium and when they receive that premium they use it to build up a fund. That fund then earns interest however the insurer incurs some costs not only on writing the business, s...
There have been many predictions of rises in home insurance premiums after the disasters seen during last summer's flooding, and the money insurers had to pay out. Property owners were expected to fac...
A new report claims that personal injury claims will push the cost of insurance up by 28 per cent over the next five years. The number of people claiming compensation after being involved in an accide...
1.15 million people confess to having driven a car in the last year without any car insurance, according to a survey by Sainsbury's Car Insurance. The survey revealed that 19% said it was because they...
The British government today announced that flood-hit households willÂ soon know when they can expect to return to their homes.In a statement, Floods Recovery Minister John Healey said he has heard ...
Cancer insurance policies, which are offered by Private medical insurance (PMI) providers have been criticised for their lack of clarity and inclusion of ambiguous terminology, that may result in peo...
The rates at which insurers are now having to deal with fraudulent claims has risen to £1.3mn a day and with more than £25mn a year being invested in conducting fraud investigation, the insurance indu...
The UK insurance industry has found itself in a situation where it has had to make almost 3,000 job cuts in the face of the ever-worsening credit crunch. Although the banks and most other financial se...
The Government, with the help of Age Concern have devised a programme called â€˜connect with' which aims to educate the over 50s and get them up to speed on using the World Wide Web and other te...
It has been reported that around seventeen per cent of British drivers will head abroad, with their cars in the next year, but many could be left with a car insurance headache, for keeping mum on thei...