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Vote in favour of directive

The European Insurers' Committee has welcomed the European Parliament's vote to adopt the fifth draf...

The European Insurers' Committee has welcomed the European Parliament's vote to adopt the fifth draft motor liability directive. It proposes a rise in personal injury to £5m per accident whatever the number of victims, a rise in the levels per claims up to £2m for damage to property, and an exclusion of cover for personal injuries to pedestrians and cyclists in accidents involving a road vehicle. Member states can request a maximum five-year transition period from the European Commission to

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