Insurers To Pass On Whiplash Reform Savings
Insurers say they will pass on the full savings from reforms to reduce false whiplash claims – which the Government says could mean annual premiums falling by around £50. It follows Chancellor George Osborne's announcement in the Autumn Statement that the Government would end the right to cash compensation for minor whiplash injuries. The proposals would also see the upper limit for personal injury claims to be dealt with by the small claims court raised from £1,000 to £5
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