Transport Select Committee whiplash inquiry offers fresh hope to PI lawyers

louise-ellman

Personal injury lawyers are hopeful the Transport Select Committee’s fresh inquiry into whiplash – launched a week after the Ministry of Justice closed its own consultation – will provide their businesses with a lifeline. This comes as a group of law firms has called for the resignation of Law Society chiefs for failing to properly represent them.

Committee chair and MP for Liverpool Riverside Louise Ellman has urged the insurance industry and legal profession to engage in a month-long investigation that aims to gather views to inform

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.