Hughes Insurance, the largest independent broker for car insurance in Northern Ireland, has recorded a number of incidents where motorists have had their insurance policy renewal declined by their existing provider. The incidents indicate that certain insurance providers are ‘redlining’ specific areas in Northern Ireland – including Newry.
‘Redlining’ is the practice of denying services, such [...]

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of LIG Insurance Company Limited (LIG) (South Korea). The outlook for both ratings is stable.
The ratings reflect LIG’s improved capitalization, sound underwriting performance, excellent market profile and stable investment performance. The ratings also recognize the company’s [...]

Rising numbers of uninsured drivers in the UK are causing concern. The Motor Insurer’s Bureau places the current number at 1.5 million, holding them responsible for 200 deaths each year, as well as hundreds of injuries. One survivor of such an accident, Glenn Jones, faces lifelong disability even after extensive treatment. His family, career and [...]