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Latest Finance News related to Insurance Company

Hello Arizona   image
Source : BBC [Read Article] Thursday 4th of May 2017 11:27:10 PM
.... You don't need a brick-and-mortar building. You can do it from anywhere," says Gay Meyer, assistant vice president for regional human resources at the banking and insurance company USAA. ...
JP Morgan to move hundreds of jobs out of UK due to Brexit image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 11:36:23 AM
....Ever since the vote for Brexit, European financial centres have been battling over the business that will need to be conducted outside the UK. While Frankfurt is often cited as the obvious location, insurance company Lloyds of London is setting up a subsidiary in Brussels, while HSBC plans to shift 1,000 roles to Paris. ...
Warranty work on my VW’s audio system turned into an £1,800 accident repair bill image
.... A day later I got a call from my insurer Bell – part of Admiral – telling me the car had been involved in an accident. Following numerous calls to both the insurance company and the police, Bell told me to pick up my car from the garage – it was driveable, though damaged. ...
Driverless cars trial set for UK motorways in 2019 image
Source : BBC [Read Article] Monday 24th of April 2017 09:23:45 AM
....The project is backed by an £8. 6m government grant and involves an insurance company, which will assess the risks involved at each stage of the journey. ...
Five Minute Guide to: Ensuring your car cover is valid image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 12:01:00 AM
.... . Some even considered lying about their no-claims discount, only to realise their insurance company would demand proof. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
.... Firms can establish a commercial presence in other countries. And individual practitioners can go abroad and work as an independent supplier - perhaps as a plumber - or as an employee of, for example, an insurance company. ...
A hole in home insurance cover that could leave millions out of pocket image
Source : Guardian [Read Article] Saturday 8th of April 2017 06:00:31 AM
. How would you feel if you received a scary letter from an insurance company accusing you of “negligence” and saying you were legally responsible for paying for repairs to your neighbour’s house?. ...
How to fight back against age bias on finances image
Source : Daily Express [Read Article] Sunday 2nd of April 2017 12:01:00 AM
....Motoring. Every financial services and insurance company has a different policy, so while some insurers avoid older motorists, many more offer cheaper premiums for being safer drivers. ...
Lloyd's of London plans to open Brussels office by middle of 2018 image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:04:46 AM
....Royal London Mutual Insurance Society will turn its Irish business into a regulated subsidiary so it can continue to sell products across Europe after the UK loses access to the single market, its chief executive, Phil Loney, said on Thursday. AIG, the US insurance company, announced this month that it would set up a subsidiary in Luxembourg, where it currently has a branch. ...
Record numbers rely on parental cash to buy a property image
Source : BBC [Read Article] Sunday 26th of March 2017 11:08:30 PM
...."Affordability problems mean that parents and other family members have a critical role in assisting their children to buy their first home, either by means of a gift of money or a soft loan," said the report author, Dr Paul Sanderson from Anglia Ruskin University. The issue has already been highlighted by the insurance company Legal and General, which said that a quarter of all mortgages in the UK last year were part-funded by parents. ...
Blurred lines? image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:25 AM
Scheme to combat rogue lettings agents under attack image
Source : BBC [Read Article] Monday 6th of March 2017 12:19:27 AM
....The Property Redress scheme costs £200 to join. It is run by the insurance company Hamilton Frazer, and unlike the two other organisations it is run for profit. ...
Philip Green agrees to pay £363m into BHS pension fund image
Source : Guardian [Read Article] Tuesday 28th of February 2017 02:42:06 PM
....”. The Pensions Regulator said measuring the BHS deficit as £571m was not appropriate when working on a cash settlement because this figure is based on what the retirement scheme would have to pay an insurance company to guarantee its liabilities – which is expensive. ...
One in four UK retirees burdened by unpaid mortgage or other debts image
Source : Guardian [Read Article] Friday 17th of February 2017 06:49:49 AM
....One in four people planning to retire this year will still have a mortgage or other debts to pay off and will typically owe about £24,000, according to an insurer’s report. The Prudential insurance company found the proportion of people who expected to retire in debt this year to be at its highest level for seven years, and that the level had risen to 44% in London. ...
Volvo to seek volunteers for self-driving car trial in UK image
Source : Guardian [Read Article] Thursday 2nd of February 2017 07:22:32 AM
....Eugensson said: “There needs to be a quick [claims] process for the customer . If the car was clearly at fault, the insurance company can pay the customer and we speak to the insurance company” and cover the damage. ...
B&Q installation flooded our home but no one is paying up image
Source : Guardian [Read Article] Thursday 2nd of February 2017 07:00:23 AM
....Now both advise us that the quickest option is to claim on our home insurance, but then we would lose our 10 years’ no claims. While the fitter’s insurance company and B&Q’s point the finger at each other, we’re the ones out of pocket and having to do the chasing. ...
How artificial intelligence could help make the insurance industry trustworthy image
....The company, which is registered as a public benefit corporation, includes the charity component to show it’s not just about making profits. This practice is unusual because an insurance company usually keeps all the profit or pays dividends to its shareholders or policyholders, said Justin Sydnor, a behavioral economist and associate professor of risk and insurance at the University of Wisconsin-Madison. ...
Sports Direct chairman Keith Hellawell rejected by shareholders again image
Source : Guardian [Read Article] Thursday 5th of January 2017 01:06:49 PM
....Apart from Aberdeen, the City dissenters included Standard Life, Royal London and Hermes, which advises a string of investors. Standard Life said the insurance company was concerned at the lack of progress being made by the retailer: “In particular, we are disappointed to note the lack of progress in recruiting a chairperson for the independent governance review, an initiative that we see as being fundamental to Sports Direct fulfilling its long-term value creation potential. ...
STORM CONOR WARNING - Prepare your home for severe UK weather image
Source : Daily Express [Read Article] Wednesday 28th of December 2016 07:31:00 AM
....“Check on neighbours to see if they require any assistance before the storm. ” Finally, contact your insurance company as soon as possible if you need to claim for any storm damage. ...
London shares rise to two-month high image
Source : BBC [Read Article] Tuesday 20th of December 2016 12:30:27 PM
Defined benefit pension transfer values 'shooting up' image
Source : BBC [Read Article] Friday 9th of December 2016 09:26:34 PM
. Six million people with defined benefit pensions have seen their transfer values shoot up in the last year, according to a major insurance company. ...
Motorists at risk from log book delays image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:41:00 PM
....Roy Rodger, an expert on insurance law who has trained underwriters, warns that drivers' confusion over withheld log books could lead to costly mistakes. "In a situation where a driver misled the insurance company over registration details and a serious accident occurred, the driver could be in a very, very awkward position. ...
Cash for queues: people paid to stand in line amid India's bank note crisis image
....Ever since the prime minister, Narendra Modi, unexpectedly withdrew high-value 500- and 1,000-rupee banknotes from circulation, wiping out 86% of India’s currency overnight, queueing for cash has become a national sport. But for some, such as Santosh Garg, who comes here every day on behalf of his bosses at an insurance company, lining up has become a part of his job description. ...
Insurers must display rival pension annuities image
Source : BBC [Read Article] Friday 25th of November 2016 12:06:11 PM
....Individuals save into a pension during their working life and so build up a pension pot. At some point during the first years of retirement, they may use the money that they have saved to buy an annuity from an insurance company. ...
Whiplash plans to 'cut car insurance premiums by £40' image
Source : BBC [Read Article] Thursday 17th of November 2016 12:02:37 AM
....The insurance industry has been complaining about the issue of whiplash claims for at least eight years. Andrew Morris, operations director at UK insurance company Aviva, said that while the number of accidents on UK roads had fallen by almost 40% since 2000, the number of injury claims had risen by 90% over the same period. ...
‘Confused’ Axa use every excuse in the book to avoid my travel insurance claim image
.... She died before we arrived home. We contacted our travel insurance company, Axa, from Austria and were assured that we could make a claim. ...
Investment scams peddled by rogue law firms double image
Source : Daily Express [Read Article] Friday 4th of November 2016 06:06:00 PM
.... People are often told that their money is covered by the law firm's insurance. Solicitors must have insurance, but if the solicitor is helping a scam, the insurance company may refuse to pay out,” says the SRA. ...
Vauxhall Corsa fires: 'Answers needed', say customers image
Source : BBC [Read Article] Wednesday 2nd of November 2016 12:37:46 AM
....An investigation by the BBC's Watchdog programme now indicates there have also been fires in some Corsa Ds. Vauxhall said it needs the permission of the insurance company before it can inspect a vehicle. ...
When the wrong postcode puts insurance out of your reach image
Source : Guardian [Read Article] Sunday 30th of October 2016 06:01:01 AM
....”. Historical insurance company data may not always reflect the fact that an area has improved through regeneration, perhaps. ...
Baby-sized pension? image
Source : BBC [Read Article] Friday 23rd of September 2016 08:59:52 PM
....Richard Parkin says pension top-ups offer very good value. "When you're topping up you're buying an inflation-linked pension, and that costs an absolute fortune to buy from an insurance company. ...
Lost in grief image
Source : BBC [Read Article] Friday 16th of September 2016 09:16:18 PM
....The Scottish government, meanwhile, will hold a national conference on funeral poverty on November 16 in Edinburgh after concerns were raised about rising costs. A report by insurance company SunLife, published this week, suggested that the overall cost of dying - including things such as probate, headstones and flowers in addition to the basic cost of a funeral - has risen by 8. ...
Defined benefit pension fund deficit grows by £100bn in a month image
Source : Guardian [Read Article] Wednesday 31st of August 2016 11:01:11 PM
....61% this week, a record low. On the most rigorous actuarial measure, which assumes that a company has to buy its way out of its pension scheme and offload the liabilities to an insurance company, the combined deficit of UK companies is now £1. ...
More than a third of UK graduates regret attending university image
Source : Guardian [Read Article] Tuesday 9th of August 2016 11:02:15 PM
....Related: English universities to raise tuition fees for first time since they trebled. The research by insurance company Aviva was published days before hundreds of thousands of A-level students discover if they have obtained the grades needed for their desired university course. ...
No consensus over pension 'triple-lock' image
Source : BBC [Read Article] Monday 1st of August 2016 12:08:51 PM
....The triple lock had "fulfilled its purpose" and pensioner households were now "no more likely to be poor than other age groups", she said. Yet, Mr Webb, now policy director for Royal London insurance company, told the BBC: "If you look at the pensioner population, half of them are too poor to pay income tax - that is the extent of the distance we have still got to travel and that is what the triple lock is about. ...
Slumdog multi-millionaire image
Source : BBC [Read Article] Sunday 31st of July 2016 11:16:39 PM
....". A stint working for an insurance company followed, where the entrepreneur says he joined at the "lowest level", and could do his entire week's work in six hours. ...
Six million save automatically for pension image
Source : BBC [Read Article] Wednesday 27th of July 2016 11:37:52 AM
....New figures from the Pensions Regulator show that the average contribution from employers is 3% a year of an employee's salary. Steve Webb, now director of policy at Royal London insurance company, was pensions minister when the system was created. ...
Young suffer as pensioners continue to prosper, says IFS image
Source : BBC [Read Article] Monday 18th of July 2016 11:02:12 PM
....Earlier this week research from the Resolution Foundation found that workers born since 1990 typically earned £8,000 less in their twenties than those born in the 1970s. The insurance company Prudential said that people planning to retire in 2016 expect to have an income of £17,700 a year, the highest number they have recorded. ...
Insurance cheats discover social media is the real pain in the neck image
Source : Guardian [Read Article] Monday 18th of July 2016 06:00:03 AM
.... Gardiner says that while the number of road traffic accidents was down 30% between 2005 and 2011, the number of whiplash claims was up 65%. Whiplash is frequently seen as an easy injury to fake, with the average payout from an insurance company ranging from £1,500-£3,000. ...
Five-minute guide to: what to do if you fall ill overseas image
Source : Daily Express [Read Article] Sunday 17th of July 2016 03:07:00 PM
....----------------------. You need to contact your insurance company as soon as possible if you fall ill overseas. ...
Using home to fund retirement is a delusion, says former minister image
....As many as three million people who are planning to rely on their homes for a pension are in for a shock, he said. In a report for the insurance company Royal London, he said most people doing so would experience a slump in living standards on retirement. ...
On-site childcare is a blessing for workers, so why don't more companies offer it? image
....Pre-school childcare is not the only pressing need for parents. The insurance company IAG was one of the first companies to organise a national program of school holiday care for the children of its employees. ...
Cameron EU bid 'corrupt' says Hiscox image
Source : Daily Express [Read Article] Tuesday 31st of May 2016 08:43:00 AM
....Some of the most high-profile City figures calling for Britain to remain in the EU include former M&S boss Lord Stuart Rose, Sir Martin Sorrell and PR guru Roland Rudd. Mr Hiscox added that the insurance company, currently headquartered in Bermuda for "tax and regulatory purposes", may move its base back to the UK if Britain votes to leave. ...
The kitchen appliances that burst into flames – and the struggle to replace them image
.... We had to have new carpets, flooring, new beds, new curtains, three new ceilings, new doors. Our insurance company was brilliant, but we lost irreplaceable things like our wedding album and daughter’s artwork. ...
Insurers could charge YOU hundreds for taking your pet to the ‘WRONG’ vet image
....“But as animal lovers across Britain will testify, the two do not compare. “Choice should not to be confined to a list of practices provided by an insurance company – particularly as some of the practices on the RSA list do not even employ specialists. ...
House prices to force extra 1m young people to live with parents image
Source : Guardian [Read Article] Friday 27th of May 2016 08:56:26 AM
....A million more young people could have to live with their parents over the next decade to save enough for a deposit to buy their own home. The insurance company Aviva has estimated that 3. ...
Legal & General understates CEO's pay in annual report image
Source : Guardian [Read Article] Wednesday 25th of May 2016 10:34:44 AM
....Executive pay can be fiendishly hard to calculate and even harder for the public to comprehend – and now it seems that the same is true for the owners of one of the biggest fund managers in the UK. Legal & General, the insurance company, has been forced to admit that it made a mistake in the pay of its chief executive, Nigel Wilson, when it published its annual report almost 10 weeks ago. ...
Standard Life chairman says boardroom pay is too high image
Source : Guardian [Read Article] Tuesday 17th of May 2016 06:59:34 PM
....Grimstone met 11 major investors in the last 10 days to explain to them why the company had raised Skeoch’s performance-based pay compared to his predecessor David Nish, while paying him a lower basic salary than Nish. He had pointed to competitive pressure and Standard Life’s transition from an insurance company to a global investment company, which proved persuasive with some of them, he said. ...
Golden years on the golf course? We should be so lucky… image
Source : Guardian [Read Article] Saturday 14th of May 2016 05:30:01 PM
....Two stories emerged on Thursday that are competing closely with each other for least surprising revelation of the year. In the morning, the insurance company Aegon published research indicating that nine out of 10 Scots face a substantial pension black hole. ...
Don’t have a burglar alarm? Your home insurance policy may be invalid image
....Gemma and Mark Hall* say they have never had a working alarm at their home, and they were entirely clear on that point when they first bought their home and contents insurance for about £350 in 2005. But this has not stopped their insurance company from refusing to pay out when the couple made their first claim more than 10 years later. ...
Sir Philip Green calls for Frank Field to step down from committee image
Source : Guardian [Read Article] Thursday 5th of May 2016 09:23:59 PM
....Green said that BHS’s board had not been involved in any decisions made by the trustees of the BHS pension fund other than in complying with their decisions. He added that the £571m deficit figure was based on the cost of a buyout of the fund by an insurance company – a much higher figure than the deficit if the fund is taken on by the PPF. ...
LGBT insurer Emerald aims to bridge a sexuality gap image
Source : Guardian [Read Article] Saturday 30th of April 2016 06:00:17 AM
. There is a UK insurance company that will give you cover if you are an airline pilot, but not if you are cabin crew. ...
Travellers warned to vaccinate or risk invalidating insurance image
Source : Daily Express [Read Article] Wednesday 20th of April 2016 12:00:00 PM
. Travellers who fall ill with life-threatening tropical diseases, such as malaria and yellow fever, who failed to take adequate precautions could see claims for medical treatment refused by their insurance company. ...
How we helped a family win the £400,000 Royal London refused to pay image
Source : Guardian [Read Article] Saturday 16th of April 2016 06:00:10 AM
.... Two weeks later, baby Georgie came along. Amid the nappies and the sleepless nights – and handling her father’s estate – the last thing she had was the strength to fight a giant insurance company. ...
Vet bills: are they making you sick as a dog? image
Source : Guardian [Read Article] Saturday 9th of April 2016 06:00:08 AM
.... “Sometimes people get a puppy that comes with free insurance for the first couple of months, which the new owner may continue for the first year but then decide to shop around after that. “What they don’t realise is, if that dog has been treated even for something minor, the new insurance company will exclude pre-existing conditions. ...
Mobile drought insurance for Africa's farmers image
Source : BBC [Read Article] Friday 8th of April 2016 11:54:11 PM
.... . They pay a 5% surcharge on purchases of fertilisers and seeds, which is registered with an insurance company, which in turn communicates with farmers via text message. ...
China's big spending, ambitious Anbang image
Source : BBC [Read Article] Wednesday 30th of March 2016 09:08:17 PM
Car insurance and the little-known world of credit hire companies image
Source : Guardian [Read Article] Monday 28th of March 2016 07:00:20 AM
.... Their profits are made from arranging repairs and replacement cars at often greatly inflated cost, then demanding the money from the third-party insurer. “My insurer, the AA, put me in touch with Claimfast, saying if I went direct with the insurance company I might lose my no-claims bonus,” says Ashdown, from Crowborough in East Sussex. ...
InsureForAll wasn’t there for us when my father died abroad image
Source : Guardian [Read Article] Sunday 27th of March 2016 07:00:10 AM
....My father passed away six days later and we had to make arrangements for his repatriation to the UK. During this time I found the insurance company obstructive, rude and unhelpful. ...
Black box car insurance: a young driver’s new best friend behind the dashboard image
.... It adds: “When you have the full contextual picture, telematics allows for more forensic and accurate pricing. The insurance company can treat their customers as individuals and not as a number. ...
Starwood Hotels backs new Marriott offer image
Source : BBC [Read Article] Monday 21st of March 2016 04:37:42 PM
.... . The Chinese insurance company has been making a push into the US market. ...
Axa's Henri de Castries resigns, fuelling HSBC speculation image
Source : Guardian [Read Article] Monday 21st of March 2016 11:31:47 AM
....A businessman regarded as a contender to become the chairman of HSBC has resigned from his full-time role at Axa. Henri de Castries will retire from the chairman and chief executive roles at Axa on 1 September after 27 years with the French insurance company and 17 years as chief executive. ...
Majority fears future generations 'will never be able to buy a home' image
Source : Guardian [Read Article] Monday 21st of March 2016 12:01:53 AM
....Rents rose on average by 4. 8% last year across the UK, according to data from Homelet, an insurance company. ...
China's Anbang closes in on Starwood image
Source : BBC [Read Article] Friday 18th of March 2016 02:08:41 PM
....5bn). The Beijing-based company also owns office buildings in New York and Canada and a South Korean insurance company. ...
China's Anbang in $6.5bn US hotel deal image
Source : BBC [Read Article] Monday 14th of March 2016 12:31:29 PM
....95bn last year. The Beijing-based company also owns office buildings in New York and Canada and a South Korean insurance company. ...
The big flaw in Warren Buffett's view of climate change image
Source : Guardian [Read Article] Monday 7th of March 2016 09:28:26 PM
.... Rather than costing his company money, he expects these future catastrophes will actually raise profits. He draws an analogy with Berkshire-owned car insurance company Geico. ...
BHS pension gap 'wider than thought' image
Source : BBC [Read Article] Monday 7th of March 2016 06:06:07 PM
....According to the documents, the scheme's buy-out valuation has now ballooned to £571m. In other words, this would be the cost if an insurance company were to take over the pension liabilities. ...
Attack of the cloners sees drivers caught up in number plate fraud image
Source : Guardian [Read Article] Saturday 27th of February 2016 07:00:02 AM
.... I also spoke to Aviva, Britain’s biggest car insurer, and it said cloning shouldn’t affect your premium. “Your vehicle still exists, and it is you and your vehicle your insurance company covers. ...
Are billionaires more likely to be graduates? image
Source : BBC [Read Article] Wednesday 24th of February 2016 12:30:58 AM
....It doesn't give much support for the image of self-taught entrepreneurs, relying on their own wit and wisdom rather than higher education. The number crunching, by insurance company GoCompare, has examined the post-school education of people appearing in the top 100 billionaire rich lists by Forbes magazine over the past 20 years. ...
The new bottom line: money is no longer a dirty word in sustainability image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 01:00:12 PM
....While employee wellbeing can be difficult to measure, there’s research to quantify it. A six-year study by health insurance company Humana and the University of Michigan showed that happy workers perform better and cost less. ...
Home and dry? The flood victims who are putting up their own defences image
Source : Guardian [Read Article] Sunday 21st of February 2016 06:59:17 AM
....The only reason people don’t protect their homes is because they’re not aware of what’s out there to do it. He has yet to tell his insurance company about the work, but hopes it will slash prohibitive insurance premiums. ...
'Axa refused our £800 travel claim' image
Source : Telegraph [Read Article] Saturday 20th of February 2016 08:15:44 AM
.... At the time of booking we had no idea this would be the diagnosis. We had to cancel the holiday but the travel insurance company will not reimburse us. ...
Exit fees scandal: 'Insurer tried to take 38pc of my pension without telling me' image
.... “It raises the question of whether they have applied the correct charges throughout. The insurance company has an obligation to treat the customer fairly, which includes a clear explanation of what charges have been deducted and why. ...
Standard Life sounds Brexit warning image
Source : Guardian [Read Article] Friday 19th of February 2016 01:35:06 PM
. The insurance company Standard Life said it was preparing for the possibility of Brexit, and warned that it was “potentially damaging” to the UK economy if Britain were to leave the EU. ...
VIDEO: It's HOW much to raise a child? image
Source : BBC [Read Article] Tuesday 16th of February 2016 12:12:19 AM
...
Huge rise in hack attacks as cyber-criminals target small businesses image
Source : Guardian [Read Article] Monday 8th of February 2016 07:20:10 AM
....”. Stephen Ridley, acting head of technology, cyber and data for insurance company Hiscox UK and Ireland and a member of the Cyber Streetwise Forum, claims many SMEs still have much to do in order to protect themselves. ...
After the floods, York’s residents try to piece their lives back together image
Source : Guardian [Read Article] Saturday 6th of February 2016 06:59:04 AM
.... A month later they are living upstairs in the only habitable room, with the constant noise of the driers on downstairs and the uncertainty of not knowing when life will return to normal. Alison says: I feel a bit lost – it’s hard to get in contact with the insurance company. ...
Source : Reuters [Read Article] Tuesday 19th of January 2016 07:46:44 AM
....Osborne has denied he had a hand in ditching the culture review, but his other actions add up to a significant change in the substance and tone of regulating a sector that remains one of Britain's biggest tax generators and a key to its "soft" power in the world. A board member of an insurance company likened the cyclical nature of banking regulation to the way drivers react to a car accident on a motorway -- they slow down for a few miles and then return to normal cruising speed. ...
My free travel cover from Lloyds doesn’t get me very far image
Source : Guardian [Read Article] Tuesday 19th of January 2016 07:00:19 AM
....However, when I approach insurance companies for this extra cover I have to pay for the whole travel package (lost luggage, standard illness, etc), thus missing out on the benefit of having a Premier account. Is there any insurance company that will just give me cover for my condition? RD, Shropshire. ...
Floods bill estimated at £1.3bn image
Source : BBC [Read Article] Monday 11th of January 2016 12:03:33 AM
....". However, Paul Hendy of the Scottish Flood Forum said despite assurances from the industry, many people felt "abandoned and frustrated" by their insurance company. ...

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