CMCs singled out for "staggering" rise in accident claims
Claims management companies (CMCs) have been condemned for the "staggering" increase in bodily injury accidents, according to a report published today by the Institute and Faculty of Actuaries.
The survey found there had been an 18% increase in the proportion of accidents from 2010 to 2011, costing the insurance industry an extra £400m.
According to the organisation, this was the greatest increase ever recorded.
And it said there was a "clear correlation" between injury hotspots and CMCs' locations, with the worst areas of the UK overtaking the US for accidents during 2010.
David Brown, chairman of the Institute and Faculty of Actuaries, said: "It is disappointing to see this trend not
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