The Association of British Insurers (ABI) has supported the government’s decision not to rush through legislation on whiplash reforms ahead of the general election. This February the Ministry of Justice unveiled the Prisons and Courts Bill which included whiplash reforms such as new fixed tariffs capping whiplash compensation pay-outs at £5,000 for small claims and banning claims without medical evidence. However the Bill will not now be voted through before 8 June. Argument Huw Evans, direct
- Gable policyholders receive £8.3m return payments
- Moneysupermarket.com fined £80,000 by Information Commissioner’s Office
- FCA proposes to extend the senior management regime to more firms
- FCA publishes IDD plans
- Broker Network posts rise in revenue after "extraordinary year"
- Marmalade launches new young driver policy
- InsurTech Futures: CDL set to launch chatbot solution