Why policyholders complained to the short-term ombudsman in 2022
Annual report notes a steady increase in disputes related to power surge claims.
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
Read moreAnnual report notes a steady increase in disputes related to power surge claims.
High Court rejects arguments that they owed the insurers a statutory duty.
Loadshedding, inflation, and high interest rates are squeezing consumers’ finances.
It will decide by the end of the month whether to reintroduce the exclusion.
SAIA is concerned about consumers’ perceptions of the insurance industry as covers are removed but premiums increase.
Companies should consider drawing up disaster management plans.
What policyholders should know about the general exclusion for damage caused by electricity grid failure or interruption.
The assertions by competitor Everything.Insure are misleading and defamatory, the insurance aggregator says.
Two complaints where the FAIS Ombud held that the FSPs had not drawn the clients’ attention to the material terms.
Bank staff allegedly helped gold smugglers | FIC gets forensic unit | Ramaphosa on exiting the grey list | OUTsurance boosts stake in Youi
AIG rejected claims by aviation companies whose operations at different premises were impacted by the lockdown and Covid-19.
Old Mutual Insure and Elite Risk policyholders in six provinces given a deadline to instal a tracker.
These risks will significantly affect those who don’t have the right cover in place or no cover at all, says Old Mutual Insure.
Insurer must pay R1.82m to a Ferrari owner whose claim was rejected on the grounds of reckless driving.
Another year of high pay-outs following Covid in 2020 and the unrest in 2021.
Advice from a qualified intermediary on how to interpret an insurer’s policy wording is essential.