General Insurance Article - ABI responds to announcement on fixed fees for whiplash


 Justice Secretary Chris Grayling has announced that from October new fixed costs will apply to all medical reports produced in support of a whiplash claim.

 James DaltonResponding to the announcement, James Dalton, Head of Motor and Liability, at the ABI said:

 "This is welcome news. The cost to honest motorists of exaggerated and fraudulent whiplash claims still remains too high so any move to reduce the “have a go compensation culture” is supported by insurers.

 "We look forward to working with the Government and others to develop a more robust framework, with independent, accredited and peer-reviewed medical experts. This is absolutely fundamental to cleaning up the personal injury sector as it simply can’t be right a medical expert is paid by a lawyer who has a financial interest in the clinical finding.”

Back to Index


Similar News to this Story

Survey reveals most SMEs have experienced a cyber incident
Coalition have released a new survey revealing that nearly three-quarters of UK SMEs have been impacted by a cyber incident in the last five years. Th
Legislation must be enforced as keyless thefts soar
Following a BBC Report highlighting the growing trend of keyless vehicle theft, data analysis by Tracker Network UK Limited, shows the company has rec
Insurance customers turn to credit as they pay monthly
Using credit to pay for insurance continues to gain popularity and nearly half value the ability to pay monthly, Premium Credit research shows. More t

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.