Tag: ABI

Motor Insurance Premiums Reach Record High

Drivers in nearly all age groups are paying record amounts for their car insurance and could face further increases unless the Government takes action to reduce claims costs, the Association of British Insurers (ABI) has warned. New figures show that between 2015 and 2016, all age groups except those under 21 – where the increasing… Read more »

Winter Storm Insurance Claims Largely Settled

The Association of British Insurers (ABI) has reported further progress with the clean-up in the wake of the winter storms. Of the 15,000 property claims received after Storms Desmond, Eva and Frank, 90% are now either fully or partly settled. For the first time the ABI has been able to break down the figure for… Read more »