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Blog: Insurers and the late payment of claims provisions of the Enterprise Bill

time-clocks

The Enterprise Bill 2015 provisions on late payment of claims have caused some disquiet within the insurance industry, although they should merely reinforce good practice.

The Bill, which will go through its second reading in the House of Lords next week, reintroduces the provisions relating to late payment of claims, which had been dropped from the Insurance Act 2015

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