The complaint is based on three areas of concern. The first is the way that claims are handled, with many being outsourced by insurers to specialists. The second is the sales practices of insurers, which the consumer group argues are inappropriate and lead to widespread confusion over what is covered in a policy. Finally, it
Consumer body Which? has asked the City regularly to investigate home and travel insurance companies over a variety of concerns FCA data shows travel insurers reject nearly one in five claims made to them (stock)(Image: photobyphotoboy via Getty Images) Campaigners have lodged a “super complaint” because of “serious failings” with home and travel insurers. Consumer
Company Logo Opportunities in the UK commercial insurance market arise from brokers’ dominance, with an 83.5% market share in 2024e. The SME sector is ripe for digital transformation, with direct channels growing to 8.5%. Brokers should focus on maintaining dominance while embracing emerging technologies and adapting to client needs. Dublin, Sept. 22, 2025 (GLOBE NEWSWIRE)
Padraig BeltonBusiness reporter Alina Kalcheva Natalia Grishko’s balcony, top right, was badly damaged by the blast from a Russian missile With conflict continuing in Ukraine and the Middle East, a little-explored global industry has never been more in demand – the war risk insurance market. When a Russian missile damaged Natalia Grishko’s apartment in a
In this survey, we looked at the size of the premium increases and how common the price hikes were across 29 car insurance companies for which we had adequate data. We found quite a range. One company’s price increases affected only 37 percent of its policyholders, while at the other end of the spectrum, another
The GST Council’s decision to remove tax on life and health insurance premiums will take effect from tomorrow, September 22, 2025. Calling it a ‘Diwali gift’, the government has brought GST (goods and services tax) rates lower on most items and services, including life and health insurance policies. Insurance premiums have attracted 18% GST until
Drivers with a history of accidents, speeding tickets or DUI convictions are charged some of the highest insurance rates of any demographic. A single at-fault accident, for example, can spike your premiums by 45%. Car insurance companies also consider teens, seniors and even people with bad credit to be high-risk drivers. That doesn’t mean it’s
More than half of Americans over 65 will need help with basic activities like eating or bathing, according to the U.S. Department of Health and Human Services. The cost of providing long-term assistance continues to rise: In 2023, a year in a nursing home averaged $100,000, while an in-home nurse or aide ran $60,000. Long-term
An investigation by the financial regulator the FCA has found some drivers were left out of pocket after their vehicle was stolen or written off 10:20, 19 Sep 2025Updated 13:31, 19 Sep 2025 Thousands of drivers are due compensation(Image: Getty Images/PhotoAlto) More than 270,000 drivers are set to receive a share of £200million in compensation
An investigation by the financial regulator the FCA has found some drivers were left out of pocket after their vehicle was stolen or written off 10:20, 19 Sep 2025Updated 10:53, 19 Sep 2025 Thousands of drivers are due compensation(Image: Getty Images/PhotoAlto) More than 270,000 drivers are set to receive a share of £200million in compensation