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 editorial team get their teeth into the top stories.Subscribe to our daily newsletter for all the latest news
- Government reveals recalculated Ogden rate
- Insurers disappointed by the new discount rate
- Lloyd’s strategy change gets market backing
- Danish regulator orders Gefion not to expand its business volume
- Chris Guillaume formally hands over CEO role
- CRL close to finding replacement for Alpha policies
- Insurance Cares: FCA consults on travel cover for people with medical issues