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News archive

April 28th, 2015 at 12:00 AM

Home insurance claims could be void if you publish holiday images

Posting information about your holiday on social media sites such as Facebook and Twitter could make your insurance void if you are burgled, according to The Financial Ombudsman. Insurers and The Financial Ombudsman have noticed a link between...
March 31st, 2015 at 12:00 AM

Car insurance companies may text parents when you speed

Young drivers who have installed a device into their car, which monitors their driving, may be reported to their parents by their car insurance company for bad driving. Commonly referred to as a 'black box', these telematics devices monitor driving...
March 24th, 2015 at 12:00 AM

Cyber insurance in the UK is lacking

A report by the UK government has claimed that the vast majority of major UK firms do not have adequate cyber insurance in place, to protect themselves in the event of a serious cyber attack. An astonishing 98 per cent of these firms are lacking...
March 17th, 2015 at 12:00 AM

Whiplash insurance claims soar

According to insurance provider Aviva, the largest insurer in the UK, the levels of whiplash claims being made by motorists are set to reach record levels. The number of compensation claims made this year is expected to reach 840,000, almost a...
March 10th, 2015 at 12:00 AM

Insurance profits down after high claim rates

There has been a harsh drop in the profits of the insurance industry, with Esure being one of the worst affected. A drop in shares of nine per cent occurred to the insurance company, after an increase in the rate of accidents was highlighted. The...
February 24th, 2015 at 12:00 AM

Zurich set to launch long term cover insurance

Zurich Insurance is set to introduce a new life insurance product that will help to cover the costs of long term care, should people develop an illness that requires it. Alzheimer's is one example of the conditions that the product will help...
February 17th, 2015 at 12:00 AM

Car insurance claims made mostly by doctors

A study has shown that doctors and other professionals in the medical sector make the most car insurance claims. GPs filed more insurance claims in the last three years than any other professions, according to research published by Gocompare, with...
February 10th, 2015 at 12:00 AM

Car insurance cost has risen in last six months

Despite three consecutive years of decreasing premiums, car insurance costs have been increasing during the past six months. Although rates are still lower than in 2013, Confused and the AA's quarterly data shows that there has recently been an...
February 3rd, 2015 at 12:00 AM

Sisters repay more than GBP100k after insurance blunder

Two sisters received a huge insurance hand-out in the years after their father, Robert Gent passed away. However, insurance company Friends Life Group informed them there had been a mistake, and ordered them to pay back the money. They also had to...
January 28th, 2015 at 12:00 AM

Credit card insurance compensation to be made available

When we think insurance, we usually think home, life or car insurance. But people mis-sold credit card insurance may now be in for a pleasant surprise. Two million customers could be given compensation payouts after 11 banks and the Financial...
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