ABI reaction to new Ogden rate
Insurance claims

Covid Reduced Car Accident Claims, Not Whiplash Reforms

Following an FOI request from ACSO (The Association of Consumer Support Organisations), the accident claims statistics for January to March 2021 have been released by the government’s Compensation Recovery Unit (CRU). Commenting on the release […]

Insurance claims

How To Save Paying Out £12m On Bogus Claims

DAC Beachcroft’s counter fraud team helped Aviva Insurance avoid paying out over Ā£12m last year on fraudulent motor claims, which would otherwise have impacted premiums for the insurer’s genuine customers. The DACB motor fraud team […]

Insurance Regulation

FCA Proposal to Cap Claims Management Company Fees

The Financial Conduct Authority (FCA) has today publishedĀ proposals to introduce a price capĀ on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. Some consumers currently pay […]

Legal

MASS Calls For Urgent Review of OIC Claims Portal

The Motor Accident Solicitors Society (MASS) is today calling upon the Ministry of Justice (MoJ) to urgently review the governance arrangements for the new Official Injury Claim (OIC) service which lies at the heart of […]

Legal

Fletchers Research Finds Many Brits Would NOT Claim for Serious Injury

A shocking proportion of Brits would not pursue a claim if they suffered aĀ seriousĀ injuryĀ through no fault of their own, according to new research. The research into 1,000 adults across the UK, conducted byĀ FletchersĀ Serious Injury, revealed […]

ABI reaction to new Ogden rate
Legal

Industry Reaction to the Delay in MoJ Portal Until April 2021

Here’s some reaction to the latest delay in the whiplash reforms and implementation of a new online claims portal; Minster Law responds to MoJ decision to delay the LiP Portal until April 2021 Shirley Woolham, […]

ABI reaction to new Ogden rate
Legal

Whiplash Claims Reform; Still a Rocky Road Ahead

There are more delays to the launch of the new whiplash claims system, which the government hopes will streamline lower value personal injury claims. Here’s some industry reaction; James Dalton, Director of General Insurance Policy, […]