PI claims costs hike will hit insurers, says Weightmans
Insurers need to brace themselves for an above-inflation increase in personal injury claims costs and make sure they update their reserves accordingly when amended regulations come into force next month, according to law firm Weightmans.
The Personal Injuries (NHS Charges) Amendment Regulations 2009 will see costs for various health service treatments increase at a rate of between 3.3%-3.6% for accidents occurring on or after 1 April
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