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.
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.Subscribe to our daily newsletter for all the latest news
- Konsileo parts ways with four brokers
- Brokers call on HMRC to reform IPT
- Broker Network owner set to make more deals with fresh funding
- Elite proposes solvency scheme to avoid liquidation
- Two TMK executives resign amid fresh sexual harassment claims at Lloyd's
- IFB launches counter fraud database
- Motor market records best year since 1985 ahead of troubled future, says EY