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ABI Articles

Industry UK insurance prices up slightly amid rising costs for providers

UK insurance prices up slightly amid rising costs for providers

Industry warns increasing cost pressures could cause further rises.
By James Fossdyke 15 August 2022
Industry Car insurance premiums hit a six-year low in 2021

Car insurance premiums hit a six-year low in 2021

But industry body says prices may rise in 2022.
By James Fossdyke 09 February 2022
Industry 'Fairer' new insurance rules come into force in the UK

'Fairer' new insurance rules come into force in the UK

The FCA says the new rules will save consumers more than £4bn over 10 years.
By James Fossdyke 05 January 2022
Industry UK: New guidance for consumers ahead of insurance pricing changes

UK: New guidance for consumers ahead of insurance pricing changes

The insurance industry is urging drivers to ensure their policy suits their needs.
By James Fossdyke 15 December 2021
Industry Insurance prices continue to fall after lockdown cut accident rates

Insurance prices continue to fall after lockdown cut accident rates

The average premium is now seven percent lower than at this time last year.
By James Fossdyke 09 November 2021
Industry UK: Insurance premiums fall to five-year low

UK: Insurance premiums fall to five-year low

Reduced traffic levels - and accident rates - during lockdown have kept prices low.
By James Fossdyke 11 August 2021
Green UK insurance industry suggests electric replacements for written-off cars

UK insurance industry suggests electric replacements for written-off cars

The industry association wants insurers to "enable" customers to make "more sustainable" choices.
By James Fossdyke 19 July 2021
Industry UK: New rules aim to stop insurance 'loyalty penalties' for drivers

UK: New rules aim to stop insurance 'loyalty penalties' for drivers

New rules are expected to save consumers £4.2bn over 10 years.
By James Fossdyke 01 June 2021
Industry UK: Record drop in insurance premiums during early 2021

UK: Record drop in insurance premiums during early 2021

Average premiums fell by £32 during the three months between January and March.
By James Fossdyke 05 May 2021
Safety UK government claims self-driving cars are coming in 2021

UK government claims self-driving cars are coming in 2021

But industry bodies say the DfT is playing fast and loose with its definition of "self-driving".
By James Fossdyke 29 April 2021
Industry Research suggests average insurance premium fell by £55 over winter

Research suggests average insurance premium fell by £55 over winter

And young drivers' average premiums have fallen dramatically over the past year.
By James Fossdyke 15 April 2021
Industry UK insurance claims fell by almost a fifth in lockdown-hit 2020

UK insurance claims fell by almost a fifth in lockdown-hit 2020

But the value of personal injury claims rose.
By James Fossdyke 15 March 2021
Industry UK move to scrap EU insurance law welcomed by industry

UK move to scrap EU insurance law welcomed by industry

Vnuk laws were never passed in the UK, but the government plans to remove them from future legislation.
By James Fossdyke 24 February 2021
Industry Car insurance premiums fall to four-year low in 2020

Car insurance premiums fall to four-year low in 2020

The coronavirus pandemic saw premiums reduced.
By James Fossdyke 01 February 2021
UK Covid-related car insurance support schemes extended to mid-March

UK Covid-related car insurance support schemes extended to mid-March

It's the latest in a line of extensions.
By James Fossdyke 16 December 2020
Government Northern Irish reminded they could need 'green card' if there's no deal

Northern Irish reminded they could need 'green card' if there's no deal

Drivers will need the document when crossing the border after December 31 if a Brexit deal can't be reached.
By James Fossdyke 23 November 2020
Corporate / Financial Insurers extend Covid-19 measures until at least December 31

Insurers extend Covid-19 measures until at least December 31

The plan means customers don't have to inform their insurer about changes to their commute caused by Covid-19.
By James Fossdyke 15 October 2020
FCA proposes regulation changes to make car insurance pricing fairer

FCA proposes regulation changes to make car insurance pricing fairer

New rules could prevent loyal customers paying more for car insurance.
By James Fossdyke 29 September 2020
Industry Insurers uncover 300 false claims every day as motor scams increase

Insurers uncover 300 false claims every day as motor scams increase

Motoring-related claims account for more than half of all insurance claim fraud.
By James Fossdyke 08 September 2020
Industry Car insurance claim values hit record high amid coronavirus lockdown

Car insurance claim values hit record high amid coronavirus lockdown

But the number of claims fell as roads remained quiet.
By James Fossdyke 07 September 2020
Keyless car theft hit an all-time high in 2019, tracking firm says

Keyless car theft hit an all-time high in 2019, tracking firm says

Tracker reckons 92 percent of cars are taken without the keys.
By James Fossdyke 27 February 2020
Corporate / Financial Car insurance costs fell marginally last quarter, but could rise again

Car insurance costs fell marginally last quarter, but could rise again

Association of British Insurers says "cost pressures" are building.
By James Fossdyke 04 November 2019
Scottish personal injury decision could 'push up premiums' for drivers

Scottish personal injury decision could 'push up premiums' for drivers

The decision not in line with England and Wales has been dubbed "a bad outcome".
By James Fossdyke 04 October 2019
Corporate / Financial New personal injury rules are 'bad news' for drivers

New personal injury rules are 'bad news' for drivers

Government changes will "add costs", insurers claim.
By James Fossdyke 17 July 2019
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