Motor insurers' excuses for poor results rejected

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David Vine, business development manager at Allianz Legal Protection, said it was "disappointing" to see that some motor insurers were "blaming their poor half-year results largely on the increase in bodily injury claims" and the "pariah of the industry" claims management companies (CMCs), adding that the problem lay in the market's desire to write for growth rather than profit.

His comments follow the publication of a report by financial services firm JP Morgan, which has slammed Insurance

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