Thursday, December 15, 2005

ABI publishes personal injury compensation reform plan

The Association of British Insurers (ABI) just published its reform plan for the U.K.'s personal injury compensation system. You may view the ABI's proposal here (16-page .pdf file)

The highlights of the ABI reform proposal are:

* It would cover personal injury accident claims of GBP 25000 or less;

* A public tariff of general damages;

* A streamlined system that involves mediation as the required first step; and

* Higher penalties for claimants and insurers that abuse the system.

1 comments:

Sennakesavan said...
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