Banks reduced to selling HOME INSURANCE – Tesco outguns them
Like many others in the UK I must have sat down and watched the Location Location Location Credit Crunch special wondering how much my house was worth – or not. But did anyone notice the subliminal...
View ArticleWhat a bunch of Bankers! UK Banks challenge PPI ruling
Feelings are running high this morning in the Payment Protection Market and the consumer pressure groups with news that Barclays and Lloyds TSB are challenging the Competition Commission’s ruling to...
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Unemployment Insurance – An Election Safety Net?
The past week of electioneering and the unemployment figures released midweek by the Office of National Statistics, paint a gloomy future for many currently employed in the Public Sector and jobs that...
View ArticleInsurance Companies must be held to account for the Recession
Who really calls the shots – The Government or Big Business when it comes to setting the direction and flow of the future economy? You don’t need to look much further than the Insurance Industry to see...
View ArticleInsurance Brokers Pay for UK Banks PPI Claims
It’s that time of year again when UK Insurance Brokers and Intermediaries are asked to pay their annual membership fees for the soon to be defunct, Financial Services Authority (The FSA). Reading...
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Bank of England is Steady at the Helm with Sensible Interest Rate
CPI annual inflation stands at 3.1 per cent, down from 3.2 per cent in June, reveals the latest Consumer Price Index showing that the market will self adjust to inflationary pressures without the...
View ArticleNew Year Recession Fears
Insurance blog thought the silly season was in the Summer, but from the noises coming out of Whitehall and what remains of Fleet St. recently, it looks like it’s begun early! If all the Economic...
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UK Unemployment hits record heights
The UK Government have just released the latest economic indicators from the Office for National Statistics (ONS), and it makes grim reading. doom and gloom awaits us all if the trends continue…… If...
View ArticleWhat are Bankers Good for? Ask a Tradesman!
Now I don’t know how legal this is, but it’s brilliant and so funny! The guys over at the tradesman insurance quotes comparison site tradesman-insurance.com sent us it! Watch! Insurance Blog – keeping...
View ArticleFinancial Ombudsman Service Overwhelmed With PPI Complaints
UK Payment Protection Mis-selling Saga Continues Payment Protection insurance (PPI) is in the news again with the UK financial complaints service, the Financial Ombudsman Service (FOS) reporting that...
View ArticleRoyal Bank of Scotland Insurance Ungoes Rebrand
Have you noticed the large number of prime time adverts on UK television this week for Direct Line? You know the banal ones featuring Alexander Armstrong of Pointless and Pimms O’clock fame ranting on...
View ArticleShadow Banks Not Banks To Blame For UK Economic Crisis says FSA
Lord Turner, Head of the Government owned, insurance broker subsidised UK financial services authority the FSA, has been busy espousing his thoughts on the current economic crisis and apparently the...
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Mis Sold PPI? Claims Could Reach Titanic Proportions
PPI Claims To Date Are Only The Tip Of The Iceberg Despite the banks and others who missold payment protection insurance (PPI) being forced to pay out over £2 billion to date, it appears from the...
View ArticleInsurance Companies Should Support Barclays Shareholders Bonus Demands
Regular readers of Insurance Blog will know that we are not fans of Banc-assurance, indeed if it was mandatory you’d find us voting for UKIP in next months local elections! The whole concept of...
View ArticleRBS Sells Off Direct Line Insurance Cheaply!
City Analysts are stating that the flotation of government owned Direct Line is priced well, as the share price is up 7% today on the grey markets from the initial offering of £175 per share. The...
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