Two key legal issues facing the insurance industry will be debated at the All Party Parliamentary Group on Insurance & Financial Services tomorrow (Tuesday 15 December).
Representatives of claimant and defendant lawyers will look at the recent announcement by Chancellor George Osborne in the Autumn Statement of tough new restrictions on the ability to claim compensation for alleged whiplash injuries. They will also examine the broader issues around public liability insurance, especially the suggestion that it should be made compulsory for most businesses and activities.
Should public liability insurance be made compulsory? And what will the Autumn Statement mean for the insurance market?
15 December, Committee Room 17, 4:30pm – 5:30pm
Duncan Rutter, president, Forum of Insurance Lawyers
Jonathan Wheeler, president, Association of Personal Injury Lawyers
The meeting is open to the public. If you are attending you should allow plenty of time to enter the Palace of Westmister as the queues for public admission can sometimes be very long.
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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