Association of British Insurers (ABI)
Editor's comment: Can’t we all just get along?
A mother’s word is often law. Both sides of whatever argument are heard, and then a ruling is made. Brief mutterings may ensue but these are quickly quashed and life goes on, hopefully in a more peaceful manner.
Mass challenges insurers to keep their promises
Craig Budsworth, chair of the Motor Accident Solicitors Society, has said the question around the reduction of legal costs is "no longer relevant" and called insurers to keep their promises of lower premiums.
ABI: young driver proposals could cut premiums by 20%
Teenagers' annual motor premiums could be cut by up to 15% if the government adopts proposals to improve young driver safety, according to the Association of British Insurers.
Biba and ABI agree Toba template
The British Insurance Brokers’ Association agreed a standard template with the Association of British Insurers for Terms of Business Arrangements.
ABI backs "common sense" RTA portal ruling
The Association of British Insurers has backed the High Court’s decision to reject a judicial review of the Road Traffic Accident personal injury scheme.
ABI welcomes Scrap Metal Dealers’ Act
The Association of British Insurers has welcomed the Scrap Metal Dealers’ Act as it received royal assent today.
Industry called to pay for Metal Theft Taskforce as initial fund set to expire
The government is aiming to call on the insurance industry to contribute towards funding the British Transport Police Metal Theft Taskforce.
Motor repairs: In need of repair
A recent investigation by Channel 4’s Dispatches slammed the motor insurance industry for its approach to repairs. Can the sector come back from the criticism?
MoJ sets RTA fixed costs at £500
The Ministry of Justice has confirmed that revised fixed recoverable costs for the Road Traffic Accident scheme will start at £500.
Late notice means Marsh may miss Efra committee flood meeting
Marsh has confirmed it may have to pull out of a government select committee meeting on flood defence funding, leaving the Association of British Insurers and Aon Benfield as the insurance industry’s only representatives.
Motor Claims 2013: ABI motor head Dalton calls on industry support for road safety campaign
The Association of British Insurers is urging industry players to support calls for the implementation of guidelines demanding tighter controls on young drivers, both prior to and after passing their test.
Efra chair McIntosh moves to calm fears over raising IPT to cover flood risks
Industry players have been reassured that a proposal to use a proportion of insurance premium tax to resolve a flood debate impasse relating to contingent liability will not result in a rise in IPT.
Flood-ravaged 2012 leaves insurers picking up £1.19bn bill
The Association of British Insurers has heaped praise on firms for their part in helping more than 1300 UK customers a day deal with the disruption caused by the second wettest year on record.
Motor Claims 2013: Dalton calls on industry support for road safety scheme
The Association of British Insurers is urging industry players to support calls for the implementation of guidelines demanding tighter controls on young drivers, both prior and after passing their test.
Elite Insurance rejoins the ABI
Elite Insurance has rejoined the Association of British Insurers 18 months after parting company with the trade body.
Rehab code use in PI claims continues to rise
The Rehabilitation code is now “a fully established part of the claims process”, according to a report by the International Underwriting Association and the Association of British Insurers.
ABI calls for political consensus at Labour flood summit
The Association of British Insurers said that rising rainfall levels are making it crucial the cross party political support can be achieved on flood cover.
Efra chair pushes alternative flood-risk proposal as SoP pressure mounts
The possibility of using a proportion of insurance premium tax to subsidise a pool of last resort for flood-prone homeowners has been championed by the chair of the Environment, Food and Rural Affairs Committee.
ABI slammed for using failed argument to derail Welsh asbestos Bill
The Association of British Insurers has been criticised for fighting a proposed asbestos recovery costs Bill in Wales with a failed argument already overturned in Scotland.
FSP to consult on voluntary standards
The Financial Skills Partnership will consult the financial services industry on a range of voluntary standards as part of its Leadership 21st Century initiative.
Brokerbility boss challenges industry to set agenda for future generations
Brokerbility has launched a call to arms for the insurance industry having tired of witnessing a series of political and PR own goals.
Insurers and lawyers lock horns over plans to cut recoverable claims costs
The Association of British Insurers has accused claimant lawyers of attempting to derail “crucial” reforms to the electronic personal injury claims portal by launching a judicial review.
Pressure mounting on government as MP brands flood talks 'in disarray'
Ministers have been forced to reiterate that flood talks between the government and the Association of British Insurers are ongoing after a member of parliament claimed discussions were “in disarray”.