Telematics devices, more commonly known as black boxes, are helping young drivers pay 5.5 per cent less for their car insurance as insurance companies can see evidence of safe driving.
This comes according to research by Consumer Intelligence, who...
Zurich Insurance was set to make one of the biggest takeovers in the history of insurance companies, but has had to bail on the deal after the explosions in Tianjin in August weakened its financial strength.
The £5.6 billion takeover would have...
Hastings, the motor insurance company, is set to list on the stock market as it attempts to draw in at least 2.5 million more customers before the start of 2018.
By issuing new shares, the company is hoping to raise £180m. As part of the Initial...
Official figures released by the Motor Insurers' Bureau (MIB) show a "worrying" rise in the number of people driving without car insurance in the UK, with 10 per cent more uninsured drivers than last year.
This is after a gradual decrease of 40 per...
According to recent figures, there could be thousands of motorists driving illegally in the UK, as they attempted to cut corners on car insurance and consequently may not be covered.
The figures, provided by the Association of British Insurers...
The consumer organisation Which? has revealed a number of car insurance companies charge "eye-watering" extra fees on top of the cost of the premium, when others provide the services for free, included in the cost of the premium.
Which? found that...
A rise in the number of personal injury claims submitted has hit into esure's profits for the first half of the year, and as a result, the online insurance firm has decided to increase the cost of its car insurance premiums.
Esure's trading profit...
A planned increase to the Insurance Premium Tax (IPT) announced in George Osborne's 2015 Budget is being opposed, with 87 per cent of motorists calling it "unfair" as policies are set to rise, the AA has found.
The AA conducted a survey of almost...
Many drivers are not fully aware of what is covered by fully comprehensive car insurance, according to information collated by Churchill, meaning that millions of motorists could be at risk of less cover than they think, or even invalid...
In the last year, insurance fraud worth £3.6 million every day was identified by fraud regulators, who warned it is merely the "tip of the iceberg" and say there are many more bogus claims which have yet to be found out.
Police and insurance...
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