Queen's Speech raises Ogden reform hopes
Hopes of a reprieve for (re)insurers battered
by the Ogden rate cut rose today as the UK government flagged
pending efforts to reduce motor insurance premiums.
News of a revival of previously shelved
whiplash reforms in the Queen's Speech, and accompanying
briefing notes that left room for wider personal injury
compensation changes, came after weeks of intense industry lobbying
for an overhaul of the Ogden rate.
A shock 3.25 percentage point cut to the rate
earlier this year has already...
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