EU class action reforms to transform claims landscape

The European Commission (EC) today said it would press ahead
with consumer protection measures that insurers fear could spark a
flood of costly class actions, resulting in claims inflation and
increased premium rates.The revision of existing consumer directives, which the EC dubs
the 'New Deal for Consumers', follows a consultation on
2013 rules which were only patchily enforced across the bloc. Among
other worries, the EC was concerned that nine member states had no
provision for class actions.