Legal - Compensation Claims: Seeing sense on compensation culture

golden-egg

The law regarding risk perception, negligence, responsibility and compensation is about to undergo a massive overhaul, writes Andrew Parker.

The title of Lord Young's report, Common Sense, Common Safety, is indicative of a no-nonsense approach to tackling the perception of risk in society. The report is endorsed by the Prime Minister and has the full backing of the cabinet, so it should not be taken lightly.

Critics say that the proposals around compensation are too broad brush: full implementation of the Jackson Review on civil costs, including removing recovery of success fees and after-the-event premiums; restrictions or a

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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