"The ABI confirms that motor insurance policies will continue to cover Toyota owners affected by the recall of certain models. Any claims will be dealt with in the normal way, in accordance with the terms and conditions of the policy. If they have not already done so, anyone who thinks they may be affected should [...]

The ABI is warning motorists not to leave their vehicles unattended, with the engine running to defrost and warm up, during the current freezing weather. Thieves are increasing targeting cars left unattended in this way.
Parts of the country have recently seen a spate of vehicles stolen by thieves on the prowl for vehicles left [...]

The ABI has appointed Peter Jolly as Assistant Director, Consumers and Distribution Reform. Peter joins the ABI from Standard Life, where he was Head of Distribution Policy, and takes over from Alex Roy, who has left to take up a new post outside the insurance industry.
Maggie Craig, the ABI’s Director of Life and Savings and [...]

Speaking at the Insurance Times Forum, Challenges for 2010 and Beyond, Stephen Haddrill, the ABI’s Director General, said:
“We have come a long way in improving customer outcomes. We have been competitive and innovative to the customers’ great advantage. But we have further to go.
“The risk in recession is that customer satisfaction will not improve as [...]

The Association of British Insurers (ABI), the British Bankers Association, the Building Societies Association and the Council of Mortgage Lenders have reached an agreement with the Financial Services Authority (FSA) that sets out a framework for dealing with recent and possible future changes to policy terms and conditions affecting some Mortgage Payment Protection Insurance (MPPI) [...]

Around 400,000 people injured in road accidents could benefit from much speedier compensation under a more streamlined compensation system, announced today by the Ministry of Justice. The new arrangements follow an ABI campaign for a simpler, quicker and more cost-effective system.
The new system will apply to personal injury claims valued between £1,000 to £10,000 in [...]

The AA has urged the Government to make a decision to introduce a car scrappage scheme. Either way a decision is needed as the automotive industry in the UK hangs by a thread.
The organisation has called on the Treasury and the Bank of England to ensure more credit is available for consumers to take advantage [...]

Thatcham’s vehicle security experts are tightening the net still further on global vehicle crime.
Insurers in Sweden have introduced a security ratings system, based on Thatcham’s New Vehicle Security Assessment (NVSA), a move which begins to show the acceptance of Thatcham’s security criteria in Europe.
The new rating system will rank cars based on their resistance to [...]

Motorists are increasingly putting their insurance cover at risk by cheating to get a better deal, the ABI (Association of British Insurers) has warned. Insurers are uncovering a growing number of cases of ‘front end fraud’, where the customer has lied or failed to disclose material information to get cheaper insurance.Common deceptions exposed include:

‘Fronting’ – [...]

Insurance Fraud is costing Britain a small fortune according to insurers. The problem is that this fraud is being passed on to honest motorists and can cost up to £60 per policy.
As the credit crunch continues, the ABI are claiming that people are trying to slash insurance premiums by declaring false information as a result.
Simon [...]