Are the government flood insurance proposals enough?

Government Flood Insurance: A proposed government scheme is being seriously criticised by property and insurance industry experts ahead of its agreement with the Association of British Insurers (ABI) and introduction to the country in 2015. ‘Flood Re’, is set to help...

FCA to intervene in insurance add-ons market

Industry regulators are beginning to look into an insurance company practice, whereby companies attempt to sign up customers for ‘add-on’ products by placing pre-ticked boxes on forms. However, the industry has responded that this practise has been all but abandoned....

UK insurance rates falling

A risk management global insurance index taken by Marsh showed that Insurance rates in the UK have developed in line with Continental Europe and Asia-Pacific. UK insurance rates fell during the fourth quarter of last year.The US showed the only rise in overall rates....

Rip-off insurance phone lines set to be axed

As the cost to those affected by the recent storms continues to rise, there’s talk of stopping the premium-rate lines used by every eight in ten insurers. Many are disgusted by the amount of personal and financial struggle that is plaguing the homeowners who found...