The cost of motor insurance PDF
By:Great Britain: Parliament: House of Commons: Transport Committee
Published on 2012-01-12 by The Stationery Office
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In this report that follows up the Government's response (5th special report, HC 1466, ISBN 9780215561299) to the Committee's earlier report on the cost of motor insurance (HC 591, ISBN 9780215556776), the Transport Committee warns that the spiralling cost of motor insurance is primarily the result of market dysfunction and, in particular, the escalation of uncontested claims for whiplash injury. The Committee also concludes that the rise in personal injury claims is the main reason for the rise in premiums, and questions the effectiveness of the Government's recent decision to ban referral fees relating to personal injury cases. Numerous factors combine to affect the cost of motor insurance and that tackling any in isolation will not deliver a significant or lasting reduction in premiums. The report calls on the Government to: review how well the 'pre-action protocol' and 'online portal' established to handle low value insurance claims have operated since their introduction in 2010, results to be published within six months; establish a cross-departmental ministerial committee on reducing the cost of motor insurance and publish a plan to address each aspect of the problem; send a clear message to the insurance industry that it expects 2008 data protection legislation to be fully respected and impose stricter penalties for any breach; initiate an investigation of cold calling undertaken to generate personal injury claims and then examine the legal and regulatory options for curtailing this activity.
This Book was ranked at 12 by Google Books for keyword vehicle insurance companies.
Book ID of The cost of motor insurance's Books is 13au4HmIDeAC, Book which was written byGreat Britain: Parliament: House of Commons: Transport Committeehave ETAG "MtcTdk0QOTw"
Book which was published by The Stationery Office since 2012-01-12 have ISBNs, ISBN 13 Code is 9780215040220 and ISBN 10 Code is 0215040228
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Book which have "56 Pages" is Printed at BOOK under CategoryBusiness and Economics
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