He said this was the best way of looking at the bill (which gained royal assent this month) and that it would “at worst … cast a shroud of ambiguity that will profoundly damage access to justice”.
Mr Spencer added that less attention should have been paid to the recommendations of the insurance lobby, and said the better approach would have been to “do more to protect injured people and the public at large by really tackling the myriad perverse commercial incentives which infest the system”.
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
- GRP-owned Sagars buys Thomas Cook
- Three directors out as Policy Expert buys loss-making Sure Thing!
- Hiscox creates Cyber Exposure Calculator
- PIB's £50m spending on brokers in 2018 revealed
- Insurers could face fines for £4bn dual pricing "rip off"
- Markel launches tech sector proposition
- Zurich-owned N&G launches new small craft product