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Blogs from November 2014

Insurance Firm Forcing Pet Owners To Keep Paying

pet insurance buryAustralian pet insurance provider Petplan has been leaving its policy holders distraught after refusing to cancel their policies after their pets have died. Petplan is the country’s second biggest pet insurance provider and they have been coming under fire from various consumer sites following the recent news.

An investigation by the consumer group ‘Choice’ has revealed that the insurance firm has been forcing policy holders to continue paying their insurance premiums for up t[...]

James Savery, 26 November 2014

Tesco Refuse To Pay Flood Insurance Victim

tesco insuranceTesco was once the rising giant in the UK’s grocery sector. However, they are now under fire from various avenues including their recent disagreement with Mark Two kitchens coupled with their declining share prices. If that wasn’t enough, they are now being scorched by the Financial Ombudsman after their insurance sector has left a flood victim in the dark for almost 2 years.

Helen Gorrill’s house was flooded in Cumbria during 2012. She and her son have had no other choice but[...]

James Savery, 20 November 2014

Insurance Directors Fined £1m By The FCA

swinton insurance fineThe Financial Conduct Authority (FCA) has banned a group of 3 from their senior roles in the financial services sector after their involvement in an aggressive, unnecessary insurance policy selling scheme to try and crawl their way into a £90m bonus pool.

The 3 men used to work for the insurance firm Swinton. They have been fined £928,000 between themselves af[...]

James Savery, 11 November 2014

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