claims payments News

Check’s in the Mail? Insureds Seek Claims Payments Options

Insurance companies focused on the customer experience may want to reconsider how they are delivering claims payments. Data from a digital payments software vendor suggest policyholders would like a choice other than having the payments sent by check in the …

Confirmed GM Ignition Switch Death Toll Rises to 57

The death toll from crashes involving General Motors cars with defective ignition switches has climbed to 57. The total is one more than last week. It was posted Feb. 23 on an Internet site by compensation expert Kenneth Feinberg. Feinberg …

Lloyd’s Insurer Jubilee Welcomes Rules on PPI to Rebuild Confidence

Jubilee, the specialist Lloyd’s insurer, has broadly welcomed the joint Financial Services Authority (FSA) and Office of Fair Trading (OFT) final guidance on Payment Protection products as an important move forward in rebuilding consumer confidence in PPI.* Jubilee became involved, …