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19th January 2012, 02:25 #1
‘Insurers to blame’ for PI premium hike
The Law Society has said the insurance industry must take the blame for the rising cost of motor premiums, in a high-profile row over personal injury claims.
The Commons transport select committee last week said the rising number of personal injury claims was the ‘main reason’ for an increase in premiums.
In a hard-hitting report, the committee recommended stricter rules on the diagnosis of whiplash injuries, requiring objective evidence from an expert and proof of a ‘significant’ effect on the claimant’s life before compensation is paid out.
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