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Discount rate should be not be more than 1%, insurers say

Most 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”.

July 26th, 2017 | No Comments »

Chambers joins claims investigators to offer insurers private prosecution service

A 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”.

July 9th, 2015 | 1 Comment »

Government increases Mesothelioma Act payments

The 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.

February 11th, 2015 | No Comments »

Welsh government lacks power to pass asbestos bill, Supreme Court rules

The 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.

February 9th, 2015 | No Comments »

Legal expenses insurers have good reason to avoid non-panel firms, leading provider claims

Law 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.

April 29th, 2014 | No Comments »