Industry welcomes passing of Civil Liability Bill ahead of Royal Assent

The Houses of Parliament

Biba chairman Lord Hunt of Wirral urges the government to avoid further delay in signing the Bill into law.

Insurers have welcomed the passing of the Civil Liability Bill through the House of Lords yesterday (20 November).

The Bill, which looks to reform high whiplash costs, will go through no further amendments and could be granted Royal Assent within a matter of days ahead of legislation which is expected in 2020.

This will also address how the discount rate, otherwise known as the Ogden rate, should be set following the shock rate cuts from 2.5% to -0.75% in 2017. If it becomes law however the

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: