As British households continue to feel the squeeze from the soaring cost of living and high interest rates, some are resorting to fraudulent means to make ends meet. New data from Zurich UK reveals an alarming 88% spike in fraudulent property insurance claims over the past two years.
Over the past 12 months, the UK has faced a number of unsettling economic changes.
Reinforced Autoclaved Aerated Concrete (RAAC) has made the headlines recently for all the wrong reasons. This is due to concerns about the risk of sudden collapse in schools and other buildings where the material is used.
The illegal cultivation of cannabis is a growing problem. Until recently, cannabis cultivation was generally large scale, often taking place in industrial units, remote warehouses and disused farm buildings, but since the Covid pandemic, police are increasingly finding smaller scale cannabis farms in residential private rented properties.
The cost of living is at an all-time high and, -as a result, it is evident that businesses are either reducing their cover or cutting it completely.
There’s so much to consider when buying a new car: how much will it cost? Will it have good fuel economy? Will I be able to insure it? Is it prone to theft?
The cost of reinstating a building includes so much more than the bricks and mortar.
With 31 regions across England currently trialling e-scooters as part of the drive towards Net Zero, David Nichols, chief claims officer at Zurich, considers what the consequences of legalising these vehicles will be for both insurers and policyholders.
House fires sparked by candles have hit their highest level in more than a decade as people cut back on electricity to reduce soaring energy bills.
The challenging economic environment in the UK is leaving small to medium-sized enterprises (SMEs) open to significant levels of uninsured risk.
