The impact assessment issued to parliament in relation to Lord Chancellor David Gauke’s decision to set the discount rate at minus 0.25% has been called “misleading and wholly disingenuous” by Huw Evans, director general of the Association of British…
Introducing graduated licensing for young drivers could have unintended adverse effects, warns Mike Brockman, CEO and founder of ThingCo.
The government has set a new discount rate of minus 0.25% - a much lower number than the expected 0%.
The Motor Insurer's Bureau might have outlined how it expects the proposed litigant in person portal to work. But Marcus Taylor, director of claims at Minster Law, argues that while this might be fine for 'sunny day' scenarios, there was much detail…
The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
The newly appointed CEO of the Motor Insurers’ Bureau discusses modernisation, Brexit, whiplash portals, and Lewis v Tindale with Martin Croucher
Credit hire firms have raised concerns over the latest developments of the forthcoming whiplash portal.
The Motor Accident Solicitors Society has raised concerns over the development process of the new Litigant in Person Portal.
The government’s plan for fixed recoverable costs to be applied to most civil cases - including personaI injury - might fix some problem areas in claims. Minster Law's legal services director Rachel Di Clemente asks if it will create more.
Extending Fixed Recoverable Costs could lead to claimants playing the system, lawyers warn.
In anticipation of the new discount rate announcement, expected by 5 August 2019, many insurers have already started to price and reserve at 0%
The Civil Liability Act was passed in December, changing the way whiplash claims are calculated. As part of the bill, the government also agreed to reform the discount rate, which is currently under review. James Heath, President at Forum of Insurance…
The government has launched a consultation on a revised medical reporting process for road traffic accident claims.
Claims management companies come under the regulation of the Financial Conduct Authority today, but do the high barriers for entry threaten to create unintended consequences?
The Ministry of Justice has launched a consultation into extending fixed recoverable costs.
The government has launched a widely-anticipated review into the Ogden discount rate.
Personal injury claims for whiplash have fallen to their lowest level in seven years, according to figures from the Ministry of Justice.
The road to reform on the personal injury discount rate has been long and winding but Deborah Newberry, head of corporate and public affairs at global law firm Kennedys, suggests with the strict timetable in the law there is a light at the end of this…
Exclusive: The government has carried out a review of the second part of the Laspo reforms it introduced six years ago.
The former head of claims management regulation at the Ministry of Justice, Kevin Rousell, passed away on 18 January following a battle with brain cancer. He was 54.
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well
Given consumers less that flattering view of business, Marcus Taylor, director of claims, Minster Law, warns the insurance sector needs to make sure it listens to the public before enforcing the new online claims journey post April 2020.
Parliament expects the insurance industry to deliver on pledges to pass on discount rate reform savings and will be monitoring its progress, Lord Keen of Elie told a conference.
Medco has started consulting over the creation of a 'litigants in person' portal on the back of the government's whiplash Bill.