Insurance Fraud News: A month in the headlines

November 10th, 2017

At Quoteline Direct we keep a close eye on the media and like to stay on top of what’s happening in the insurance world. The past 30 days have been a bad month for fraudsters; so we decided to take a closer look at how the industry is getting tough on insurance cheats:  Read the rest of this entry »

A month in insurance headlines: interesting articles from the past 30 days

October 12th, 2017

car insurance gender gap Why men still pay more for car insurance than women

Calculating insurance premiums is all about calculating risk, and because women are statistically much safer behind the wheel; it makes sense to use gender when calculating premiums. However, in 2012 the European Court ruled that gender couldn’t be used as a pricing factor and insurance providers duly complied. Read the rest of this entry »

Insurance news round-up: a month in the headlines

September 8th, 2017

Pot Holes on the RoadDo you think you could pass a driving test today?

It’s that month of the year when children up and down the country anxiously open their exam results and the media asks whether standards are being dumbed-down. Leaving controversy aside there’s one test which isn’t getting any easier and that’s the driving test. More traffic makes driving more difficult and both parents and children agree the test has become tougher. In a recent survey by a leading motoring organisation just one in ten parents thought they could pass today’s test pointing the finger of blame at increased congestion and a lifetime spent picking-up bad driving habits. Read the rest of this entry »

Interesting insurance stories hitting the headlines

August 4th, 2017

Beach chairsVan drivers are feeling the financial pinch

Van drivers are having a bumpy ride at the moment with councils moving to curb diesel emissions and insurance costs going through the roof. A report by Consumer Intelligence has revealed that van insurance is at a record high and now costs two and a half times as much as car insurance. Premiums have shot up by 29.5% in just 12 months and now average policies cost an eye-watering £1636. Read the rest of this entry »

Monthly news round-up: insurance stories hitting the headlines

July 6th, 2017

StormtrooperTruly bizarre insurance claims

It’s the start of the silly season when news slows down and journalists have to dig deep to generate newsworthy headlines. A favourite of this time of year is the annual round-up of ‘bizarre insurance claims’ and one leading provider has come up trumps. Among the more peculiar claims include damage caused by a hungry badger who decided to dine out on a swimming pool liner and shot wiring when a scuba diver accidentally fired a harpoon through his bedroom wall. Read the rest of this entry »

Car Insurance and Driving Tests in the Driverless Future

June 26th, 2017

Bumper carsThe boss of one of the world’s biggest insurance companies has been gazing into his crystal ball and made the headline-grabbing prediction that babies born today may never learn to drive. We decided to peek into the driverless future to see whether it’s fact or fiction. Read the rest of this entry »

Insurance tax hike hits millions of policyholders

June 9th, 2017

TAXMillions of homeowners and businesses have been hammered by another tax hike as Insurance Premium Tax (IPT) climbs to 12%. The changes came into effect at the beginning of June and mean that the tax charged on most insurance products has doubled from 6% in 2015 and is now estimated to net the treasury £7billion a year. Read the rest of this entry »

News Round-up: 30 Days of Insurance Headlines

June 1st, 2017

Padlock on laptopYounger holidaymakers most likely to travel without insurance

As the holiday season warms up millennials are being urged to take out travel insurance before jetting off. A survey by the Association of British Travel Agents has revealed that 40% of holidaymakers aged 18-24 (and 38% of those aged 25-34) set off overseas without travel insurance mostly because they ‘don’t think they need it’ or are ‘willing to take the risk’. Read the rest of this entry »

Insurance News Round-up: A Month in Headlines

May 8th, 2017

DenturesHow selfies are helping life insurance providers

It’s often said that your life story is written across your face and modern technology can now read your narrative. An American company has developed software named Chronos which can study a selfie to unpick your past and predict your future. The software analyses everything from sinking eyelids to crow’s feet to predict life expectancy. It’s already being tested by a number of life insurance companies as a way to help arrange cover without having a medical examination. Love the idea or hate it; the future’s just around the corner.
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Insurance News Round-up: 30 days in the headlines

April 7th, 2017

Traffic warning signTime wasted in traffic

As a small island with a growing population of motorists; it’s hardly surprising that our roads are getting clogged-up. Set out on a journey and you can expect to spend some time idle behind the wheel, but just how much time you spend stuck in traffic may be surprising. A recent report has revealed that we’ve got the third most congested road network in Europe (after Turkey and Russia) and the average motorist wasted 32 hours every year twiddling their thumbs in traffic. The fuel and time wasted is estimated to cost the economy £30billion a year, not to mention the toll traffic takes on your nerves. Read the rest of this entry »