General Insurance Article - Civil Liability Bill gets Royal Assent and passes into law


Commenting on Royal Assent being granted for the Civil Liability Bill, which means it now enters law as the Civil Liability Act, the ABI’s Director of General Insurance Policy James Dalton said:

 “The measures within the Civil Liability Act will deliver a more proportionate approach to whiplash claims and create a fairer system for claimants, insurance customers and taxpayers. The ABI has worked hard with politicians, civil servants and wider stakeholders to see these reforms through and it is great to end the year with Royal Assent. The clock is now ticking on the first review of the Discount Rate and we will keep the pressure on to have a new Rate set as quickly as possible, and to support the introduction of the new claims portal.”

Back to Index


Similar News to this Story

Research reveals major flaws in commercial cyber insurance
Mactavish, the UK’s leading expert on insurance governance, says there has been a surge in businesses buying specialist cyber insurance, but it warns
Is Blue Monday the most depressing day of the year
Paul Avis, Marketing Director at Canada Life Group Insurance, comments on Blue Monda
58 percent of motorists fail to declare non claim accidents
Motor insurance providers urgently need to create greater clarity and trust around the use of accident and claims data in pricing motor insurance poli

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.