“In October 2013 the government published its response to a ‘Consultation on arrangements concerning whiplash injuries …’ In the document the then Secretary of State, Chris Grayling, estimated £1.5 to £2bn of savings for the insurance industry that could come from his reforms. He said that insurers had made a commitment at a summit in February 2012 to pass on savings to consumers. According to the Association of British Insurers average motor insurance premiums did decrease from 2012 to 2014 …” (more)
[piBlawg, 25 February]
First posted 2017-02-27 06:26:06
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