Tag Results
Discount rate should be not be more than 1%, insurers say
Wednesday, 26 July 2017Most insurers believe the personal injury discount rate should not be increased above 1%, according to a poll by City firm BLM. Partner Antony French told a webinar hosted by the firm, which specialises in insurance work, that damages awards of over £10m had become “common”.
Tags: discount rate, insurers, personal injury
Posted in News
Chambers joins claims investigators to offer insurers private prosecution service
Thursday, 9 July 2015A set of chambers has teamed up with a claims investigation company to provide a private criminal prosecution service for insurers who believe they are victims of fraud – a move described as the “first of its kind”.
Tags: fraud, insurers, personal injury
Posted in News
Government increases Mesothelioma Act payments
Wednesday, 11 February 2015The government has announced that it will increase tariff payments under the Mesothelioma Act to 100%, rather than 80%, of the average damages they would have achieved in the courts.
Tags: Association of Personal Injury Lawyers, insurers, Irwin Mitchell, mesothelioma
Posted in News
Welsh government lacks power to pass asbestos bill, Supreme Court rules
Monday, 9 February 2015The Welsh government lacks the power to pass a bill making employers who pay compensation to asbestos victims directly liable to it for the cost of their NHS care, the Supreme Court has ruled.
Tags: asbestos, Association of British Insurers, insurers, personal injury, Wales
Posted in News
Legal expenses insurers have good reason to avoid non-panel firms, leading provider claims
Tuesday, 29 April 2014Law firms which are not members of legal expenses insurers’ (LEI) panels charge “significantly higher” fees which “dwarf” those of panel firms, a leading LEI provider claimed yesterday.
Tags: insurers, Law Society, legal expenses insurance, LEI
Posted in BTE, News