Insurers extend deal for flood-hit homeowners by a month

Agreement still to be reached to ensure affordable cover for at least 200,000 affected properties beyond JulyFlood-hit householders will continue to be able to buy insurance for a month after an agreement between insurers and the government ends in June, but it is still unclear when a deal will be reached to ensure cover remains […]
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Research highlights lack of women in executive roles

Quotas have boosted total of non-executive women directors – but number in senior management stubbornly lowThe lack of women in executive roles is highlighted by two reports which also show compulsory quotas to install women in boardrooms have not increased their prospects of running big businesses.Research for the High Pay Centre and the Guardian shows […]
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Newly qualified drivers may face ban on non-family passengers

Transport secretary Patrick McLoughlin considering measures to cut number of road accidents involving teenagersNewly qualified drivers could be restricted from carrying non-family members under proposals being considered by the government to cut the number of road accidents involving teenagers.Patrick McLoughlin, the transport secretary, said novice motorists could even face a ban on all passengers. The […]
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Travel insurance: when you policy will – and won’t – pay out

We check on travel insurance policy exclusionsAmerica’s “superstorm Sandy” has once again thrown the spotlight on travel insurance, and the exclusions that frustrate so many people when they come to claim. Many insurers failed to pay after a volcanic ash cloud grounded hundreds of planes in 2010, and they have frequently left travellers stranded when […]
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Drivers should spend a year as learners, insurers say

Association of British Insurers calls for an overhaul of licensing to reduce ‘tragic waste’ of young lives on the roadsNovice drivers should be subject to restrictions on night time driving and a reduced drink driving limit, according to the Association of British Insurers.It also recommended learners spend at least a year displaying their L-plates before […]
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How insurance companies defraud us

As the Insurance Fraud Register is launched, here are some of the names I think should go on itThe launch this week of the Insurance Fraud Register, a database of dodgy claims made by car, home and travel insurance customers, comes with the usual tales of organised criminality ranging through to plain stupidity.A group of […]
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Insurers seek claims legislation reform following UK riots

More than half of the claims submitted by insurers to police authorities under 1886 Riot Damages Act have been declinedA year after the UK riots, insurers have called on the government to reform legislation relating to claims for riot damage after more than half the claims they submitted to police authorities were declined.The Association of […]
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Pension industry denies Labour claims of ripping off savers

Association of British Insurers accuse ministers of using outdated information and focusing on specialist schemesLabour was embroiled in a row with pensions providers on Sunday over accusations that the pensions industry is ripping off savers and denying them a decent retirement.The Association of British Insurers, which represents the largest pension providers, said Labour had used […]
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Insurance premiums may increase to ensure flood-hit homeowners get cover

Insurance industry and government in discussion over scheme to help flood-affected renew their home insurance next yearUK householders face higher home insurance premiums so that those in high flood risk areas can still get cover.The Association of British Insurers (ABI) says that the insurance industry and the government are discussing a scheme to ensure that […]
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The caravan tax has been cut, but it’s no thanks to the sniggering media | John Harris

The caravan industry is vital to jobs in East Yorkshire and Humberside, but London’s media have paid scant attentionWhat, then, of George Osborne’s pantomime U-turn on some of the most unpopular elements of March’s budget? Within minutes of its announcement, the story had been largely reduced to that of the “pasty tax”, which allowed those […]
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