Reported fraud over £2 billion in 2011

Posted in Insurance Tips by John Edwards on January 8, 2012 No Comments yet

More than £2 billion of fraud was reported last year, the largest amount ever according to the BDOs 2011 FraudTrack report.

This is a 50% increase on last years figure of £1.4 billion. When the survey was launched in 2003 it recorded £331 million, showing a seven fold increase in eight years.

The 2011 FraudTrack report, which took into account all reported cases of fraud over £50,000, shows dramatic rises in both the volume and the average value of reported cases. In

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A ten item Trade credit insurance checklist to help prepare companies for 2012

Posted in Latest Insurance Advise by Rachel Ramirez on January 8, 2012 No Comments yet

While we all are wishing for a prosperous, productive and healthy 2012, we have to be realistic. At best, the world economy will experience slow growth or possibly a regional or global recession.

The annual reports of banks should show how much actual exposure they have to toxic sovereign debt and what provisions the banking industry will need to make. The situation will undoubtedly impose a need to raise capital.

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Alabama Junkyards That Sell Motorcycle Parts

Posted in Insurance Tools by Stephen Cook on January 7, 2012 No Comments yet

Every day many bike enthusiast search for motorcycles parts and accessories online. They may have to replace some of the parts of their motor cycles. As an example may be they have to replace the mirror or any other plastic body parts. This means that they require some place where they can get the used parts they require for their motor cycles. These places are known as the motor cycles junk yards or the motor cycle bone yards.

The noteworthy point regarding these motor cycle junk yards is that they all have a strong manpower responsible for handling all the activities done in the local junk yards.

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Christmas and New Year office opening times

Posted in Latest Insurance Advise by Rachel Ramirez on January 4, 2012 No Comments yet

During the Christmas and New Year holidays the Schofields office will be open as usual (9am-5pm) except for the Bank Holidays when our office will be closed.

Office opening times:

26th December Closed (Bank Holiday) 27th Closed (Bank Holiday) 28th Open 29th Open 30th Open 2nd January Closed (Bank Holiday) 3rd Open as usual

All the team at Schofields would like to wish all our clients a very Merry Christmas and a Happy New Year.

Merry Christmas and a Happy New Year from all the team at Schofields.

How To Keep Protective Coverage When Buying Cheap Car Insurance

Posted in Insurance Tools by Stephen Cook on January 3, 2012 No Comments yet

Auto insurance costs are on the rise across the United States, which has put a serious strain on millions of drivers. Finding a cheap car insurance policy is a good way to save hundreds or even thousands of dollars, but it’s always important to check that a new insurance policy provides adequate coverage.

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Law commissions open consultation on late claim payments

Posted in Insurance Tips by John Edwards on December 29, 2011 No Comments yet

The Law Commission of England and Wales, and the Scottish Law Commission have called for improved remedies for late payment of valid insurance claims, suggesting insurers pay legitimate claims in a reasonable amount of time.

Lloyds : CEO returns after four month ‘fatigue’ leave

Posted in Insurance Tips by John Edwards on December 17, 2011 No Comments yet

Lloyds Banking Group (LBG) will have their CEO back next year, after Antonio Horta-Osorio announced he was fit to return to work.

Mr Horta-Osorio temporarily stood down in September because he was suffering from fatigue.

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