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Latest Finance News related to Accident Claim

Keurboom Communications fined record £400,000 over nuisance calls image
Source : Guardian [Read Article] Thursday 11th of May 2017 07:42:52 AM
....The ICO was unable to fine the company’s director, Gregory Rudd, but the government is set to introduce a law allowing the watchdog to fine the bosses of nuisance call firms. The calls from Keurboom related to schemes including road traffic accident claims and PPI compensation. ...
New BT service could end nuisance phone calls image
Source : Guardian [Read Article] Monday 16th of January 2017 09:41:56 AM
....It uses live call data analysed by BT’s centre in Oswestry, Shropshire, to identify rogue numbers – typically those that make enormous numbers of calls – by adding them to a centrally held blacklist of numbers. BT said recent data showed that it could divert up to 15m calls a week from personal accident claims and PPI companies alone. ...
Nuisance call bosses to face £500,000 fines image
Source : BBC [Read Article] Sunday 23rd of October 2016 01:17:31 AM
....Consumer group Which? said it was a "massive victory". Companies offering to help to reclaim mis-sold payment protection insurance or with accident claims are behind some of the most common nuisance calls. ...
The Crusader: What to do about nuisance claims management calls after a car crash image
Source : Daily Express [Read Article] Tuesday 9th of February 2016 09:57:00 PM
....But he can’t be confident it will end there because details are routinely sold on. The personal injury and accident claims industry is worth more than £2billion. ...
Dashboard cameras: Crusader's all you need to know guide image
Source : Daily Express [Read Article] Wednesday 11th of November 2015 03:44:00 PM
....Dash cams are wired in to vehicles – clipping on to the front windscreen where they capture rear view and sometimes side footage, including number plates, while continuously registering time, date, speed and precise location details. This makes it a valuable weapon for any motorist fighting a dodgy accident claim, car park dent, risky overtaking or proving they have been a victim of one of the growing crash-for-cash shunt scams. ...
How to block nuisance calls – the fight starts here image
Source : Guardian [Read Article] Saturday 7th of November 2015 07:00:12 AM
....An estimated 8bn spam phone calls are made each year, with the Information Commissioner’s Office (ICO) receiving 175,000 reports of nuisance calls and texts in 2014. The most complained about topics include boilers, solar panels, payment protection insurance (PPI) and accident claims, debt and lifestyle surveys. ...
Cold-calling ‘factory’ gets record fine after 180,000 complaints last year image
Source : Guardian [Read Article] Saturday 26th of September 2015 10:00:01 PM
....”. While payment protection insurance (PPI) and accident claims are still the most common cause of cold calls, figures from the ICO – and, separately, from Citizens Advice – show nuisance calling has branched into new areas in the last year. ...
Nuisance calls: record numbers of complaints - yet just five fines image
Source : Telegraph [Read Article] Thursday 2nd of July 2015 06:37:42 PM
.... The number of complaints about nuisance communications increased by 11. 4 per cent in 2014-15 as households were plagued with calls about accident claims, green energy deals, payday loans and lifestyle surveys, the Information Commissioner’s Office said. ...
Insurers raise the alarm about flood of noise-related hearing loss claims image
.... . Legal reforms introduced in 2013 capped the fees that lawyers could charge when pursuing road traffic accident claims. ...
Insurer lines up US successor for helm following Tidjane Thiam's departure image
Source : Daily Express [Read Article] Wednesday 11th of March 2015 08:36:00 AM
....------------------------------. MOTOR insurer Esure’s profits have gone into reverse amid rising accident claims and the cost of buying price-comparison website Gocompare. ...
Clampdown on cold call companies unveiled by government image
Source : BBC [Read Article] Wednesday 25th of February 2015 02:30:22 AM
....It had tried to argue that companies which make a large number of calls could breach the regulations because of the "cumulative effect" of their actions. But a tribunal upheld an appeal against a £300,000 fine imposed on Manchester-based Tetrus Telecoms after ruling its high volume of text messages about PPI and accident claims did not meet the legal threshold of causing "substantial damage or substantial distress". ...
Quindell shares surge on disposal hopes image
Source : Telegraph [Read Article] Monday 23rd of February 2015 07:12:37 PM
.... . The professional services unit encompasses a range of legal and health operations principally focused on road traffic accident claims but also noise induced hearing loss, and posted sales of £177m in the quarter ending on September 30. ...
Source : Independent [Read Article] Friday 2nd of January 2015 10:27:08 PM
.... Quindell’s reported gross sales for the third quarter of 2014 were £200m. But last month it revealed its professional services division, which deals with road traffic accident claims, has not been collecting as much cash as hoped. ...
Quindell eyes disposals to boost cash position image
Source : Telegraph [Read Article] Friday 2nd of January 2015 09:43:50 AM
.... Broadly, Quindell’s current operations are split between two divisions. One is its professional services division, which encompasses legal services focused on personal injury claims; its health services; and a motor accident claims management business. ...
Privacy regulator’s warning over accident claim calls image
Source : BBC [Read Article] Wednesday 31st of December 2014 02:14:22 PM
. More complaints are made about nuisance calls on accident claims than any other subject, despite a ban on the sale of driver details, a regulator has said. ...
PwC to scrutinise Quindell's accounts image
Source : Telegraph [Read Article] Monday 8th of December 2014 08:00:18 AM
.... However, even before the board shake-up investors had concerns about the group’s cash generation, which have been heightened in recent weeks. Quindell disclosed on Monday that cash receipts from its professional services division, which chiefly deals with road traffic accident claims, have “not been as significant as previously anticipated” during the final quarter. ...
Source : Independent [Read Article] Saturday 1st of November 2014 12:00:00 AM
....Q. My insurer, Direct Line, wishes to settle a car accident claim with liability split 50/50. ...
Insurance lies by thousands of motorists every week  image
Source : Telegraph [Read Article] Wednesday 17th of September 2014 05:00:13 AM
.... The average cost of comprehensive cover has already plummeted by 19. 3% in the year to June amid industry reforms to combat fraudulent car accident claims, according to figures recently published by AA Insurance. ...
RAC sells stake in car black box joint venture image
Source : Daily Express [Read Article] Wednesday 3rd of September 2014 12:00:00 AM
. The two set up Connected Car Solutions (CCS) in April to instal telematics devices, which monitor driving and can be used in journey planning and accident claims, in 2. ...
Replacement car charges capped to bring insurance premiums downs image
Source : Independent [Read Article] Thursday 12th of June 2014 12:59:12 PM
....Alasdair Smith, chairman of the CMA private motor insurance investigation group, said: “There are over 25 million privately registered cars in the UK and we think these changes will benefit motorists who are currently paying higher premiums as a result of the problems we’ve found. "Through the measures we propose to introduce, we will address the problems that stem from those managing the non-fault accident claim having little or no incentive to keep costs down. ...
Insurance premiums may be cut by plan to cap cost of courtesy cars image
Source : Guardian [Read Article] Thursday 12th of June 2014 10:22:29 AM
...."A cap on replacement vehicle costs will reduce the amounts charged to insurers of at-fault drivers, which will cut out some of the inefficiencies in the system and feed through to reduced premiums for all drivers," said Alasdair Smith, chair of the private motor insurance investigation group and CMA deputy panel chair. He added: "Through the measures we propose to introduce, we will address the problems that stem from those managing the non-fault accident claim having little or no incentive to keep costs down. ...
National Accident Helpline to launch £100m IPO image
Source : Telegraph [Read Article] Tuesday 22nd of April 2014 05:00:45 AM
.... . The accident claims industry has come under fire in recent years after a boom in whiplash claims which insurers have claimed costs them more than £2bn in payouts and leads to an average premium increase of £90 per drivers. ...

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