ABI calls for end to compensation culture

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The trade body, which said that the number of personal injury claims received by insurers leapt 72% between 2002 and 2010, added that the UK's "broken" compensation system heaped costs onto consumers, taxpayers and businesses with the NHS alone paying out £257m in lawyers' fees in 2010 to 2011.

It argued Canada, Australia, Germany and Ireland had acted to reform their compensation systems with the cost of motor insurance falling by 16% in Ireland following reform. The ABI also said that in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.