Opinion Former Articles
The insurance and long term savings industry works hard to look after people, businesses and society, providing financial support in old age and times of trouble. The ABI looks forward to working with the new Government in tackling these issues.
Thousands given false hope of compensation pay outs for industrial deafness as claims lawyers look to exploit the new whiplash
The ABI is warning that the UK’s on-going compensation culture is resulting in thousands of people wrongly being led to believe they can get compensation for hearing problems as claimant lawyers and claims management companies shift their attention to lucrative noise induced hearing loss (NIHL) claims.
Some claimant’s lawyers are still recovering legal costs that are more than double the compensation their clients receive in clinical negligence cases
Responding to a press release from the Association of Personal Injury Lawyers (APIL) on the tracing of historic employers’ liability insurance policies for workers affected by asbestos related illnesses, James Dalton, the ABI’s Assistant Director or Motor and Liability, said: