So we’ve finally seen the new Civil Liability Bill introduced, with Justice Secretary David Gauke envisioning money being put back in the pockets of law-abiding motorists as the government addresses the issue of whiplash claims. All in all it’s been welcome news for the insurance industry, as the bill also tackles the much talked-about Ogden rate.
“The bringing forward of this bill covering both whiplash fraud and the way the discount rate is calculated is clear evidence of government listening to the carefully considered concerns from the insurance industry and taking forward recommendations in our Manifesto,” said Steve White, chief executive of the British Insurance Brokers’ Association (BIBA) – the trade body which “is fully cognisant of the impact of fraudulent whiplash claims on the provision of insurance and looks forward to measures to combat this, while ensuring those genuinely injured receive the fair compensation and care they need.”
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