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Third-party personal injury claims fell by 10% last year, actuaries say
The impact of LASPO and the decline in the number of claims management companies cut third-party personal injury claims by 10% in 2013, the Institute and Faculty of Actuaries has said.
APIL: whiplash reforms risk chronic undersettlement by insurers and new CMC feeding frenzy
The involvement of a lawyer in whiplash cases means that the final settlement is around three times the figure initially offered to a claimant before they sought legal help, according to research by the Association of Personal Injury Lawyers.
