Keep up with what’s been happening this week in our latest insurance news round-up…

Shannen Doherty still has not received compensation for her home

Doherty, whose Malibu home was damaged by smoke from the 2018 Woolsey fire has called her fight with her home’s insurer, State Farm

“one of the most horrific processes I have ever been through”.

New rules to travel insurance can offer save Britons around 40 percent on holiday cover

According to the Financial Conduct Authority (FCA), 0.7 per cent 14.1 million consumers who have pre-existing medical conditions are declined cover. New rules from the FCA will ensure that insurance companies will direct travellers with pre-existing medical conditions to a list of companies that can help.

Zurich UK’s GWP for general insurance rises by 4% from 2018-19

Zurich UK has reported a 4% increase in GWP across its general insurance portfolio to £2,480m by December 2019 from £2,386m at the end of 2018. They have also confirmed their focus on escape of water and fire risks for 2020.

Home insurance customers pay twice as much in loyalty penalty, study finds

Citizens Advice has found in a new study that policyholders with the same insurer for six years are charged nearly twice as much (average annual amount £325) compared to new customers (average annual amount £172).

Allianz Partners UK has entered the bicycle insurance market

Allianz Partners UK has teamed up with specialist cycle insurance firm, Yellow Jersey, which already shares a specialist sports travel scheme, in an exciting new partnership to enter the bicycle insurance market scheme.

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