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14/02/2012
Cameron Pledges Action To Cut Car Whiplash Claims
The Government is proposing to tighten regulations to reduce claims for whiplash and bring the cost of premiums down.
David Cameron is expected to set out his plans as he hosts a meeting in Downing Street with insurance, consumer and business groups. The prime minister will say he wants to stop "trivial claims".
Insurers say whiplash claims cost their industry £2 billion a year and add £90 to the average annual bill.
However, speaking ahead of the meeting, John Woodcock, Labour's Shadow Transport Minister, said the vast majority of motorists drive responsibly and yet continue to be hit by eye-watering increases in insurance costs, in part due to the sheer number of dodgy whiplash claims.
"Motorists are already feeling the squeeze from the VAT hike on fuel and want to see less talk and more action from this out of touch Government. Getting insurance costs under control requires the Government to bring forward concrete proposals and as a start support Labour’s proposal to limit whiplash claims."
(DW)
David Cameron is expected to set out his plans as he hosts a meeting in Downing Street with insurance, consumer and business groups. The prime minister will say he wants to stop "trivial claims".
Insurers say whiplash claims cost their industry £2 billion a year and add £90 to the average annual bill.
However, speaking ahead of the meeting, John Woodcock, Labour's Shadow Transport Minister, said the vast majority of motorists drive responsibly and yet continue to be hit by eye-watering increases in insurance costs, in part due to the sheer number of dodgy whiplash claims.
"Motorists are already feeling the squeeze from the VAT hike on fuel and want to see less talk and more action from this out of touch Government. Getting insurance costs under control requires the Government to bring forward concrete proposals and as a start support Labour’s proposal to limit whiplash claims."
(DW)
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Transport Committee Launch Second Investigation
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A new investigation is to be launched into whiplash claims, in an effort to reduce them and lower the price of the insurance. The investigation comes after the Transport Committee called for evidence on how whiplash costs – which add around £90 to every motor premium – can be reduced.
13 March 2014
£446m In Insurance Claims Paid Out To Customers Hit By Flooding
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Business To Benefit From Express Patents
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Business To Benefit From Express Patents
The Government has confirmed a new small claims service at the patent court to help small and medium sized businesses protect their copyright, patents, trade marks and designs. Currently small firms have to pay high costs and undergo lengthy procedures to bring claims against those who infringe their Intellectual Property (IP) rights.
30 May 2014
Insurance Fraud Reaches Record High
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion in 2013, up 18% on the previous year according to figures published today by the Association of British Insurers (ABI). This figure is more than double the cost the UK's shoplifting bill.
Insurance Fraud Reaches Record High
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion in 2013, up 18% on the previous year according to figures published today by the Association of British Insurers (ABI). This figure is more than double the cost the UK's shoplifting bill.
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Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
