Compensation culture
Insurers celebrate at Civil Liability Bill gaining Royal Assent
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
Editor’s letter - March 2017
“For brokers… conversations with clients, who will see bills rising, are going to get even more complicated”
Three in four people contacted by "nuisance" CMCs
More than 75% of people have been targeted by claims management companies, a survey by the Association of British Insurers (ABI) has found.
PM to challenge industry to reduce cost of motor premiums
David Cameron will host a summit with insurance industry representatives, consumer bodies and business groups in a bid to bring down the cost of insurance premiums and tackle the country's growing compensation culture.
Ireland's Injuries Board sets good example
The UK should look to Ireland for a lesson on tackling the problem of increasing insurance premiums, according to Catherine Barton, partner in the insurance team at Ernst & Young.