http://www.news-insurances.com News-Insurances.com is an independent online media providing the latest insurance news for the insurance industry and consumers Thu, 09 Sep 2010 08:02:01 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.news-insurances.com/fire-insurance-russia-may-reintroduce-mandatory-insurance/0167312074 http://www.news-insurances.com/fire-insurance-russia-may-reintroduce-mandatory-insurance/0167312074#comments Tue, 07 Sep 2010 10:03:54 +0000 George Stobbart http://www.news-insurances.com/?p=312074 Russia should consider reintroducing mandatory fire insurance for homes after the state had to spend millions of dollars rebuilding houses destroyed by wildfires. Unlike developed economies, insurance is still a recent market in Russia, risking bankruptcy for farmers and leaving the government to bear the cost of rebuilding homes. Most Russian homes outside major cities [...]]]> http://www.news-insurances.com/fire-insurance-russia-may-reintroduce-mandatory-insurance/0167312074/feed 0 http://www.news-insurances.com/the-top-20-hotspots-for-home-theft-insurance-claims-revealed/0167245494 http://www.news-insurances.com/the-top-20-hotspots-for-home-theft-insurance-claims-revealed/0167245494#comments Mon, 09 Aug 2010 08:37:57 +0000 Barbara karouski http://www.news-insurances.com/?p=245494 People in London are the most likely in the UK to make a claim for theft on their home insurance policy, despite a Manchester postcode taking the top spot for the area where the highest proportion of theft claims are made, research from moneysupermarket.com found. Chorlton-Cum-Hardy, Manchester, tops the postcode chart London claims half of [...]]]> http://www.news-insurances.com/the-top-20-hotspots-for-home-theft-insurance-claims-revealed/0167245494/feed 0 http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498 http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498#comments Fri, 23 Jul 2010 07:19:03 +0000 Sofia Ashmore http://www.news-insurances.com/?p=212498 Insurers may hike premiums for flood-prone properties in Singapore after a deluge caused millions of dollars in damage and led to luxury stores being barricaded with sandbags, a report said Friday. “Three floods within a one-month period is unprecedented in Singapore,” General Insurance Association president Derek Teo told the Straits Times as businesses and homeowners [...]]]> http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498/feed 0 http://www.news-insurances.com/home-insurance-brits-could-save-937-million-by-shopping-around/0167196152 http://www.news-insurances.com/home-insurance-brits-could-save-937-million-by-shopping-around/0167196152#comments Wed, 14 Jul 2010 08:34:55 +0000 Damian Dozol http://www.news-insurances.com/?p=196152 Do you shop around for your home insurance each year, or are you happy to let it to renew each year without checking the cost? If so, you could be losing £132 a year, and not contributing to the £937 million being saved every year – just by shopping for insurance. 29 percent of British [...]]]> http://www.news-insurances.com/home-insurance-brits-could-save-937-million-by-shopping-around/0167196152/feed 0 http://www.news-insurances.com/home-insurance-buyers-are-open-to-switching-provider/0167180110 http://www.news-insurances.com/home-insurance-buyers-are-open-to-switching-provider/0167180110#comments Mon, 05 Jul 2010 15:14:27 +0000 Tom Scott http://www.news-insurances.com/?p=180110 With Accenture revealing that UK insurers are losing a staggering 20% of their customers each year (£3.3 billion lost in motor and home insurance premiums alone) insurance companies could be forgiven for feeling under pressure. But new research reveals that there is plenty insurers can do to tackle the problem. The research, completed in April [...]]]> http://www.news-insurances.com/home-insurance-buyers-are-open-to-switching-provider/0167180110/feed 0 http://www.news-insurances.com/nearly-1-5-million-homeowners-are-putting-their-homes-at-risk-with-inadequate-cover/0167113448 http://www.news-insurances.com/nearly-1-5-million-homeowners-are-putting-their-homes-at-risk-with-inadequate-cover/0167113448#comments Sun, 30 May 2010 08:29:16 +0000 Barbara karouski http://www.news-insurances.com/?p=113448 Nearly 1.5 million homeowners are putting their homes at risk with inadequate cover according to a new survey by Britain’s number one comparison site, moneysupermarket.com. –> 250,000 homeowners have no insurance at all for their homes –> London and the South-East are least protected areas One in 16 UK homeowners (6 per cent) admit they [...]]]> http://www.news-insurances.com/nearly-1-5-million-homeowners-are-putting-their-homes-at-risk-with-inadequate-cover/0167113448/feed 0 http://www.news-insurances.com/launch-of-hsbcs-1-99-per-cent-discount-mortgage-deal-and-santanders-mortgage-rate-cuts/016727186 http://www.news-insurances.com/launch-of-hsbcs-1-99-per-cent-discount-mortgage-deal-and-santanders-mortgage-rate-cuts/016727186#comments Mon, 15 Mar 2010 10:38:45 +0000 George Stobbart http://www.news-insurances.com/?p=27186 Commenting on the launch of HSBC’s 1.99 per cent discount mortgage deal and Santander’s mortgage rate cuts, Hannah-Mercedes Skenfield, mortgages channel manager at moneysupermarket.com “Any cuts in rates and fees is good news for mortgage borrowers, and its great to see Santander and HSBC leading the charge by announcing changes and additions to their mortgage [...]]]> http://www.news-insurances.com/launch-of-hsbcs-1-99-per-cent-discount-mortgage-deal-and-santanders-mortgage-rate-cuts/016727186/feed 0 http://www.news-insurances.com/cost-of-big-freeze-on-households-reached-2-billion/016715468 http://www.news-insurances.com/cost-of-big-freeze-on-households-reached-2-billion/016715468#comments Tue, 16 Feb 2010 19:30:54 +0000 George Stobbart http://www.news-insurances.com/?p=15468 Millions of Britons will be forced to fork out for hefty snow-related repairs to their homes from their own pockets, according to a new report. The cost of last month’s big freeze on households topped £2 billion – and millions of homes were uninsured. An estimated 5.9 million homes were hit with average repair bills [...]]]> http://www.news-insurances.com/cost-of-big-freeze-on-households-reached-2-billion/016715468/feed 0 http://www.news-insurances.com/property-owners-beware-of-squatters-and-legal-expenses-cover-level/016713371 http://www.news-insurances.com/property-owners-beware-of-squatters-and-legal-expenses-cover-level/016713371#comments Thu, 14 Jan 2010 15:23:37 +0000 George Stobbart http://www.news-insurances.com/?p=13371 Property owners with vacant premises in their property portfolios should ensure they have the correct level of legal expenses cover in the event of squatters occupying their premises. Mike Colmans, underwriting manager for Aviva, said: “It is estimated that there could be as many as 20,000 squatters in the UK*. Although squatting is more prevalent [...]]]> http://www.news-insurances.com/property-owners-beware-of-squatters-and-legal-expenses-cover-level/016713371/feed 0 http://www.news-insurances.com/how-to-survive-the-cold-this-winter/016712724 http://www.news-insurances.com/how-to-survive-the-cold-this-winter/016712724#comments Wed, 06 Jan 2010 14:31:01 +0000 George Stobbart http://www.news-insurances.com/?p=12724 Snow and ice has hit Britain, with more expected. The insurer MORE TH>N offer the following advice on surviving the cold. At home: Leave your central heating running, not on a timer, but at a constant temperature (the coldest time is between 1am and 3am). If possible, leave it running in all rooms. If you [...]]]> http://www.news-insurances.com/how-to-survive-the-cold-this-winter/016712724/feed 0 http://www.news-insurances.com/ms-home-insurance-helps-householders-reduce-their-envrionmental-impact/016712433 http://www.news-insurances.com/ms-home-insurance-helps-householders-reduce-their-envrionmental-impact/016712433#comments Mon, 04 Jan 2010 08:30:45 +0000 George Stobbart http://www.news-insurances.com/?p=12433 M&S is the first home insurance provider in the UK to offer policyholders two unique features which help householders reduce their impact on the environment if they make a claim. From 4th January 20101, at no added cost to the policyholder, M&S Home Insurance will offer the following elements which help households reduce energy costs [...]]]> http://www.news-insurances.com/ms-home-insurance-helps-householders-reduce-their-envrionmental-impact/016712433/feed 0 http://www.news-insurances.com/value-of-christmas-stocking-tops-300/016712109 http://www.news-insurances.com/value-of-christmas-stocking-tops-300/016712109#comments Mon, 28 Dec 2009 10:15:21 +0000 Barbara karouski http://www.news-insurances.com/?p=12109 In the past 60 years, the average child’s Christmas stocking has almost tripled in value with today’s festive stocking worth £180 more than in the 1960s (based on the equivalent spend in today’s money). When looking at the value of a Christmas stocking, children of the noughties have over £300 of presents sitting at the [...]]]> http://www.news-insurances.com/value-of-christmas-stocking-tops-300/016712109/feed 0 http://www.news-insurances.com/property-owners-at-risk-from-serious-water-damage-claims/016711212 http://www.news-insurances.com/property-owners-at-risk-from-serious-water-damage-claims/016711212#comments Mon, 14 Dec 2009 17:08:26 +0000 Barbara karouski http://www.news-insurances.com/?p=11212 Property owners should carry out risk management measures to protect their buildings from serious damage brought on by winter weather, says Aviva. With some firms closing between Christmas and New Year, water damage from burst or frozen pipes may not be detected until business resumes after the New Year, leaving the problem to escalate further. [...]]]> http://www.news-insurances.com/property-owners-at-risk-from-serious-water-damage-claims/016711212/feed 0 http://www.news-insurances.com/allianz-is-launching-two-new-legal-protection-products/01679922 http://www.news-insurances.com/allianz-is-launching-two-new-legal-protection-products/01679922#comments Tue, 24 Nov 2009 11:08:34 +0000 Tom Scott http://www.news-insurances.com/?p=9922 Allianz Retail has launched two new legal protection products for Allianz Family Resolve and Allianz Pro-Motor Legal Protection which are underwritten by Allianz Legal Protection. The products have been designed to incorporate covers specifically relevant to private motor and household customers. The products include a financial package for brokers, access to Allianz’s 24-hour legal advice [...]]]> http://www.news-insurances.com/allianz-is-launching-two-new-legal-protection-products/01679922/feed 0 http://www.news-insurances.com/severe-weather-warnings-and-heavy-rain-continue-to-affect-parts-of-the-uk/01679315 http://www.news-insurances.com/severe-weather-warnings-and-heavy-rain-continue-to-affect-parts-of-the-uk/01679315#comments Wed, 18 Nov 2009 11:27:00 +0000 Barbara karouski http://www.news-insurances.com/?p=9315 “People have been affected by a weekend of storms and gales and the saturated ground will mean any more rain could cause flooding in England, Scotland and Wales” said Julie Owens, head of home insurance at Moneysupermarket.com. Unfortunately this sort of event serves as a reminder to those living in flood risk areas to make [...]]]> http://www.news-insurances.com/severe-weather-warnings-and-heavy-rain-continue-to-affect-parts-of-the-uk/01679315/feed 0 http://www.news-insurances.com/more-help-with-housing-costs-for-working-families/01677698 http://www.news-insurances.com/more-help-with-housing-costs-for-working-families/01677698#comments Fri, 06 Nov 2009 07:22:07 +0000 Barbara karouski http://www.news-insurances.com/?p=7698 More than 200,000 working families will gain about £1000 a year, thanks to new rules around Housing and Council Tax Benefits, making them an average of £20 a week better off. From Monday, income from Child Benefit will no longer be taken into account when calculating entitlement to Housing Benefit and Council Tax Benefit. This [...]]]> http://www.news-insurances.com/more-help-with-housing-costs-for-working-families/01677698/feed 0 http://www.news-insurances.com/uk-property-recovery-forecasted-for-2010/01677065 http://www.news-insurances.com/uk-property-recovery-forecasted-for-2010/01677065#comments Wed, 04 Nov 2009 07:18:49 +0000 Tom Scott http://www.news-insurances.com/?p=7065 A recovery in the property market has been forecast to take place next year, although anyone hoping to boost the price of their home at present might want to consider home improvements. Jane Marr, company director at the Little House Company, said the property market presently lacks volume, as there are not many people looking [...]]]> http://www.news-insurances.com/uk-property-recovery-forecasted-for-2010/01677065/feed 0 http://www.news-insurances.com/torrential-rain-accross-the-uk-caused-serious-damage/01677039 http://www.news-insurances.com/torrential-rain-accross-the-uk-caused-serious-damage/01677039#comments Tue, 03 Nov 2009 13:22:26 +0000 Barbara karouski http://www.news-insurances.com/?p=7039 Residents are counting the cost of damage after torrential rain and strong winds battered the UK, forcing hundreds of people to flee their homes. Flooding across the country caused damage to houses and left motorists facing travel misery. Scotland was worst hit by the downpours, with flood warnings in force after rivers burst. Fire crews [...]]]> http://www.news-insurances.com/torrential-rain-accross-the-uk-caused-serious-damage/01677039/feed 0 http://www.news-insurances.com/identity-burglary-cost-the-uk-an-estimated-150-million-in-the-past-year/01676798 http://www.news-insurances.com/identity-burglary-cost-the-uk-an-estimated-150-million-in-the-past-year/01676798#comments Fri, 30 Oct 2009 07:08:17 +0000 George Stobbart http://www.news-insurances.com/?p=6798 One in seven burglaries that took place last year was carried out solely to steal the homeowner’s personal details, a report claimed. Identity burglary cost the UK an estimated £150 million in the past year alone, according to a home insurance provider. It claimed the trend is set to rise sharply over the next five [...]]]> http://www.news-insurances.com/identity-burglary-cost-the-uk-an-estimated-150-million-in-the-past-year/01676798/feed 0 http://www.news-insurances.com/england-and-wales-house-prices-rising/01676239 http://www.news-insurances.com/england-and-wales-house-prices-rising/01676239#comments Mon, 19 Oct 2009 07:51:07 +0000 Sofia Ashmore http://www.news-insurances.com/?p=6239 Asking prices for homes in England and Wales rose on an annual basis for the first time in more than a year in October, property Web site Rightmove said on Monday, buoyed by a dearth of properties coming onto the market. Asking prices rose 0.2 percent on the year — the first annual rise since [...]]]> http://www.news-insurances.com/england-and-wales-house-prices-rising/01676239/feed 0 http://www.news-insurances.com/aviva-to-increase-its-share-of-student-accommodation-market-by-providing-insurance-package-for-brokers/01675953 http://www.news-insurances.com/aviva-to-increase-its-share-of-student-accommodation-market-by-providing-insurance-package-for-brokers/01675953#comments Tue, 13 Oct 2009 06:42:38 +0000 George Stobbart http://www.news-insurances.com/?p=5953 Aviva is to provide on-the-spot quotes, via Fast Trade, to brokers seeking cover for landlords who let their properties to students. The increase in student population in the UK has helped to drive demand for rented accommodation as research reveals that nearly two million (80%) of students live away from home[1], with the insurer estimating that [...]]]> http://www.news-insurances.com/aviva-to-increase-its-share-of-student-accommodation-market-by-providing-insurance-package-for-brokers/01675953/feed 0 http://www.news-insurances.com/flood-risk-householders-dropping-home-insurance/01675887 http://www.news-insurances.com/flood-risk-householders-dropping-home-insurance/01675887#comments Mon, 12 Oct 2009 07:36:30 +0000 George Stobbart http://www.news-insurances.com/?p=5887 Householders most at risk of flooding in Northern Ireland are dropping home insurance because of the high costs, it was claimed. People who live in low income areas are likely to be charged £345 more than similar areas in Great Britain, a General Consumer Council report has confirmed. A spokesperson said the excess on policies [...]]]> http://www.news-insurances.com/flood-risk-householders-dropping-home-insurance/01675887/feed 1 http://www.news-insurances.com/brits-could-see-home-insurance-premiums-rising-by-lettings/01675274 http://www.news-insurances.com/brits-could-see-home-insurance-premiums-rising-by-lettings/01675274#comments Wed, 30 Sep 2009 08:27:18 +0000 Sofia Ashmore http://www.news-insurances.com/?p=5274 Britons could see their home insurance impacted upon should they fail to inform their insurer that they are letting or sub-letting to a lodger, it has been claimed. Matt Hutchinson, director of Spareroom.com, estimated earlier this week that the number of spare rooms being let in the UK has risen dramatically in the past year [...]]]> http://www.news-insurances.com/brits-could-see-home-insurance-premiums-rising-by-lettings/01675274/feed 0 http://www.news-insurances.com/swinton-insurer-warns-householders-from-burglars/01674957 http://www.news-insurances.com/swinton-insurer-warns-householders-from-burglars/01674957#comments Wed, 23 Sep 2009 15:09:05 +0000 Barbara karouski http://www.news-insurances.com/?p=4957 One in four burglary victims falls foul of identity fraudsters using snatched documents, it was claimed today. Householders are making life easier for thieves by leaving important paperwork bundled near their home computer, researchers found. Criminals already target bank cards, building society documents and cheque books because of their potential value. But experts believe they [...]]]> http://www.news-insurances.com/swinton-insurer-warns-householders-from-burglars/01674957/feed 0 http://www.news-insurances.com/do-not-forget-to-tell-insurer-about-new-home-contents-after-getting-married/01674872 http://www.news-insurances.com/do-not-forget-to-tell-insurer-about-new-home-contents-after-getting-married/01674872#comments Mon, 21 Sep 2009 14:01:09 +0000 Sofia Ashmore http://www.news-insurances.com/?p=4872 New research* reveals that over half (53%) of professional couples in the UK risk losing valuable wedding gifts and possessions by failing to tell their insurer about new belongings once they have tied the knot. The study looked at professional couples who got married in the last five years or are planning a wedding in [...]]]> http://www.news-insurances.com/do-not-forget-to-tell-insurer-about-new-home-contents-after-getting-married/01674872/feed 0 http://www.news-insurances.com/irish-flooding-victims-to-get-1000-payout/01674812 http://www.news-insurances.com/irish-flooding-victims-to-get-1000-payout/01674812#comments Fri, 18 Sep 2009 15:41:44 +0000 George Stobbart http://www.news-insurances.com/?p=4812 Householders hit by floods earlier this month will receive a £1,000 payment, it has been revealed. Parts of Belfast and Co Down were affected by the deluge with surface water making driving difficult. Environment Minister Edwin Poots visited one of the areas in Castlereagh caught up in the downpour. “Individual householders will be eligible for [...]]]> http://www.news-insurances.com/irish-flooding-victims-to-get-1000-payout/01674812/feed 0 http://www.news-insurances.com/homeowners-do-you-have-the-good-level-of-cover/01673689 http://www.news-insurances.com/homeowners-do-you-have-the-good-level-of-cover/01673689#comments Wed, 09 Sep 2009 11:00:07 +0000 George Stobbart http://www.news-insurances.com/?p=3689 British homeowners are failing to get the right level of home insurance, new figures have shown. Research carried out by Swinton revealed that 61 per cent of homeowners in the UK have little or no idea regarding the true value of their home’s contents. The study showed that some of the most common items which [...]]]> http://www.news-insurances.com/homeowners-do-you-have-the-good-level-of-cover/01673689/feed 0 http://www.news-insurances.com/fire-damage-costs-never-been-so-high/01674213 http://www.news-insurances.com/fire-damage-costs-never-been-so-high/01674213#comments Tue, 08 Sep 2009 12:09:21 +0000 Sofia Ashmore http://www.news-insurances.com/?p=4213 Fire damage costs are at their highest since records began, says Insurer Aviva. Statistics from the Association of British Insurers show that fire claims rose again by a further 20% between the first half of 2007 and the first half of this year, with arson contributing prominently to the cost.[1] Allister Smith, property risk manager [...]]]> http://www.news-insurances.com/fire-damage-costs-never-been-so-high/01674213/feed 0 http://www.news-insurances.com/home-insurance-claims-for-fire-continue-to-increase/01673918 http://www.news-insurances.com/home-insurance-claims-for-fire-continue-to-increase/01673918#comments Wed, 02 Sep 2009 07:10:09 +0000 Barbara karouski http://www.news-insurances.com/?p=3918 Increasing numbers of home insurance claims are still arising due to incidences of fire, according to the Association of British Insurers (ABI). The Financial Times reports that the ABI has seen a continual increase in fire claims against both home insurance and commercial insurance policies. Some of these are believed to be fraudulent as owners [...]]]> http://www.news-insurances.com/home-insurance-claims-for-fire-continue-to-increase/01673918/feed 0 http://www.news-insurances.com/fortis-joins-home-and-legacy-household-panel/01673180 http://www.news-insurances.com/fortis-joins-home-and-legacy-household-panel/01673180#comments Mon, 10 Aug 2009 12:33:01 +0000 George Stobbart http://www.news-insurances.com/?p=3180 Insurance specialist, Home & Legacy, announced that Fortis Insurance Limited has joined the Company’s unique household insurance panel. As of August 10, Fortis will compete with existing panel members to underwrite Home & Legacy’s Defaqto fivestar rated, mid net worth household offering, Prestige Home. The addition of Fortis to the Prestige panel will provide brokers [...]]]> http://www.news-insurances.com/fortis-joins-home-and-legacy-household-panel/01673180/feed 0