29 Nov 2011
Car Insurance News Round-Up - November 2011
The
November news round-up includes the rising cost of motoring, political
developments in car insurance, a fraud update and the latest on
uninsured motorists.
Our news section provides more stories
and analysis on
these and other topics.
Rising cost of motoring
It will be no surprise to motorists that the cost of
running a car continues to rise well above inflation, with a 14%
rise reported over the last twelve months. As ever, drivers are
looking to Government to do more to help them, incuding to put a freeze
on fuel duty increases.
Political developments in car
insurance
In our new industry report Car
Insurance in the UK - The 2012 Review, we look at what is going on
at a political level to try to reduce the cost of car insurance. There
is much that has yet to be done and given its complexity, the Chair of
the Transport Select Committee has called for the setting
up of an inter-departmental working party to look at the cost of car
insurance.
Meanwhile, injury lawyers have offered their
advice on what the government needs to do, suggesting that the
personal injury clauses should be removed from the Legal Aid,
Sentencing and Punishment of Offenders Bill.
In our report The
Price of Car Insurance in 2012, we consider what will happen to the
cost of car insurance in the light of legislative changes.
Car
insurance fraud update
This month, we reported that crash
for cash car insurance fraud has shifted to rural locations and
that the new London insurance fraud unit would be, among it other
activities, be targeting
fake brokers that have sold invalid policies to 20,000 drivers.
Latest on uninsured motorists
We also reported that police
uninsured car seizures are now close to a million although there
remains concern in the insurance community that fines for unisured
driving remain too lenient.
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