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The Latest Breaking News from ABI

Average price paid for motor insurance has jumped by 16% in a year – ABI

Rising costs are becoming increasingly challenging for insurers to absorb, the Association of British Insurers said.

The Independent UK

How 'digital twins' will revolutionise health

The concept for engineering systems has been around for years, and the same principles can be applied to human health, explains Distinguished Prof Peter Hunter

Newsroom.co.nz

Why your car insurance may be more expensive

Motorists are being hit by rising car insurance renewals, but there are ways to swerve the price hikes.

The Week

From analysis to the latest developments in health,
read the most diverse news in one place.

Wetherspoons legal action aims to stop brewery pulling Stella and Budweiser from its pubs

Pints of Budweiser and Stella could be pulled from more than 800 pubs if the brewery behind them decides to end its contract over a dispute with Wetherspoons

Wales Online

Long call waiting times 'are top frustration' when dealing with organisations

Automated phone systems and unhelpful staff are the next biggest irritations

Wales Online

Hanging on the telephone: Long call waiting times ‘are top frustration’

Automated phone options, unhelpful staff and hard-to-understand terms and conditions are also among people’s biggest gripes, according to a survey.

The Independent UK

Average price paid for home insurance ‘at lowest levels in at least a decade’

A rise in subsidence and frozen pipe claims and the growing costs of building materials and labour costs could put pressure on premiums in 2023.

The Independent UK

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Average price paid for motor insurance rose by 8% in final months of 2022

Rising costs, including for repairs, courtesy cars and second hand cars, have added to upward pressures on insurance policies, the ABI said.

The Independent UK

Average insurance premium paid by motorists increases

Insurers have been finding it increasingly challenging to absorb rising costs, the Association of British Insurers said.

The Independent UK

Starmer ‘should bring in workplace pension for the self-employed’

Fabian Society also says Labour needs to be radical and introduce better provision for the lowest paid

The Guardian - UK

The 10p hack for checking cracks in walls after heatwave sparks house sinking fears

An expert has revealed when you should be concerned about cracks appearing in the walls of your home.

Daily Record

Experts share 10p coin subsidence test after heatwave sparks house sinking fears

Although not always serious, here’s how to spot when cracks in your home may be cause for concern

Wales Online

Would your home pass the 10p subsidence test – and how do insurers handle claims?

Although not always serious, here’s how to spot when cracks in your home may be cause for concern. By Vicky Shaw.

The Independent UK

Insurance customers could make savings by haggling and switching, says Which?

Some insurance customers have seen prices rise despite a ‘loyalty penalty’ ban having been introduced at the start of this year, Which? said.

The Independent UK

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Manchester Evening News

Average cost of car insurance has increased

The average annual price paid on motor insurance has increased while insurers attempt to implement new pricing rules

The Independent UK

Average price paid for motor insurance climbs amid rising costs for insurers

Motor insurers have continued to deal with rising costs and supply chain issues, the Association of British Insurers said.

The Independent UK

Motor insurers ‘facing challenges from rising costs and supply chain issues’

Repairs have become more expensive due to increasingly sophisticated vehicles and more costly raw materials, the Association of British Insurers said.

Manchester Evening News

Three household bills that have actually gone down in price during the cost of living crisis

It is a rarity to see that some costs have reduced

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news in one place.

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The Independent UK

Cost-of-living crisis: How the squeeze has tightened its grip on households

Some households have little room for manoeuvre in their budgets as living cost pressures have worsened.

The Independent UK

Pet insurers process record number of claims in 2021

People getting new pets and vets being able to take on more non-emergency treatments are behind the increase to 1.03m, the ABI said.

The Independent UK

Payouts for bereavement, illness and injury claims reach £18.6m per day

A record £6.8 billion was paid out in individual and group life insurance, income protection and critical illness claims in 2021.

The Independent UK

Average premiums for home insurance drop to lowest level in four years

The Association of British Insurers said some average premiums have fallen to their lowest levels for a decade.

Daily Record

Motor insurance prices drop to their lowest levels in more than six years

A shake-up of insurance pricing in January ended a ‘loyalty premium’ paid by existing customers.

The Independent UK

Motor insurance price falls to lowest level since 2015

The average price for new policies has increased but renewals have decreased after an insurance shake-up earlier this year.

The Independent UK

Thousands of inquiries to service helping older people access vital insurance

An 86-year-old man who has been driving for more than 60 years and a couple planning a United States trip have been helped to find cover.

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