Liability cap to hit motor market hard.
The liability crisis rolls on and brokers that think they have escaped so far may be in for a surpri...
The liability crisis rolls on and brokers that think they haveescaped so far may be in for a surprise.
The latest market to be affected is motor insurance and the limits on
liability for third party bodily injury and physical damage on these
policies.
Pressure from reinsurers has already forced insurers to put a £20m cap on
third party damage physical claims and now the market looks set to have
severe problems with the mandatory unlimited liability on bodily injury
claims.
Of course, liability on
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