The Association of British Insurers latest study concludes that “the value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion [$2.177 billion] in 2013, up 18 percent on the previous year.” Those figures “are more than …
The Insurance Fraud Enforcement Department (IFED) will continue to play a key role in tackling insurance fraud after members of the Association of British Insurers (ABI) committed to invest £11.7 million [$19.423 million] over the next three years. The ABI …
The Association of British Insurers (ABI) has calculated that insurance claims from the recent spate of floods in the UK are averaging £6.7 million a day [$11.176 million]. The ABI said the “wettest winter on record is likely to result …
The Association of British Insurers (ABI) has issued a call for UK automobile manufacturers to fit autonomous emergency braking (AEB) as standard on all new cars. “AEB uses radar, lasers and optical sensors to identify other vehicles and pedestrians and …
The insured bill for the damage caused by the storms and flooding over the Christmas 2013 and New Year period looks set to cost £426 million [$701 million], according to the Association of British Insurers (ABI). The ABI said that …
The Association of British Insurers has long targeted the epidemic of automobile accidents that result in claims for “whiplash” injuries for reform. In April it highlighted the fact that the UK was the “whiplash capital of Europe.” In its most …
The Association of British Insurers has released a report at its biannual conference In London, entitled “Identifying the Challenges of a Changing World.” It features an “analysis of the challenges facing the UK insurance industry and society, and launches a …
A bulletin from the Association of British Insurers (ABI) notes that the UK’s Financial Secretary to the Treasury Greg Clark announced on Tuesday May, 21 that the Government has outlined a “strategy for the insurance sector to enhance its position …
Research from the Association of British Insurers highlights the fact that the UK is the ‘Whiplash Capital of Europe’. According to the ABI “eight in ten personal injury claims following road traffic accidents are now for alleged whiplash, over twice …
