Insurance discount rate debate: A fundamentally flawed decision that could cost the sector billions No one can dispute the right of someone seriously injured in an accident to receive compensation. Where claimants choose to take a lump sum, arriving at the right figure is no easy task as it needs to take into account the long-term cost of care and loss of earnings, among other things. A key component [...]
Five ways government can cut the soaring cost of car insurance for honest drivers The rising cost of insurance understandably concerns many motorists. The average comprehensive motor insurance premium has risen by 10 per cent over the last year. Today we lift the lid on what is driving up the costs of motor insurance, and what is needed to give hard-pressed honest motorists a break. Lifting the Bonnet on [...]