Budget announcement on PI market reforms not enough
March 25, 2011 at 9:00 AM
Government plans will continue to enrich insurers, don't protect accident victims
John Spencer, a leading personal injury solicitor, is deeply concerned that the Government plans announced in the Budget will continue to enrich insurance companies at the cost of accident victims, whilst doing nothing to save the public purse:
"Reform of referral fees and advertising is overdue, but the devil is in the detail of the Government's plans. The UK's personal injury market is clearly dysfunctional. However, the Government approach of restricting access to justice, particularly the most seriously injured accident victims, and diverting more money from them to insurers is wrong."
"Instead we should focus on diverting money from insurers and other satellite personal injury businesses to the accident victim, and ensuring their proper representation in a professional and regulated environment."
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