Tag Results
CMCs warned over “misleading headlines” in clickbait advertisements as directors are banned
Wednesday, 11 April 2018Claims management companies have been warned by their regulator not to use “misleading headlines” or “sensational language” in clickbait-style advertisements. Meanwhile, two directors of CMCs that made misleading sales calls and took unauthorised payments, have been disqualified by the High Court.
Tags: personal injury
Posted in Latest news, Market monitor
SDT clears solicitor at personal injury firm over success fee deductions
Tuesday, 27 March 2018The Solicitors Disciplinary Tribunal (SDT) has completely cleared a solicitor at Preston-based personal injury firm Barber & Co of serious allegations, including that he had wrongly taken success fees from clients’ damages. The SDT also cleared the firm’s principal, Arif Barber, of the most serious allegations.
Tags: personal injury
Posted in Latest news, Solicitors
Whiplash reforms could cost claimant lawyers £80m, government says
Thursday, 22 March 2018The whiplash reforms could cost claimant lawyers £80m in lost fees a year, the Ministry of Justice said yesterday as it unveiled its final impact assessment of the changes contained in the Civil Liability Bill. It also projected that they would cost claimants £990m in lost compensation and having to pay legal fees out of their damages.
Tags: personal injury
Posted in Latest news, Market monitor
Legal marketing giant to set up “small claims ready” ABS
Wednesday, 21 March 2018Legal services marketing giant NAHL is to create a third alternative business structure this year, which will focus on helping injured people navigate small claims if and when the government’s whiplash reforms happen in April 2019. The news comes against the background of its 2017 annual results, which showed revenue up but profit down sharply.
Tags: personal injury
Posted in Alternative business structures, Latest news, Market monitor
Insurers and claimant lawyers clash over impact of Civil Liability Bill on motor premiums
Wednesday, 21 March 2018Publication of the Civil Liability Bill yesterday met with a polarised response and a commitment from the chief executives of 26 leading insurance companies to pass on the savings to customers – dismissed as empty promises by claimant solicitors.
Tags: personal injury
Posted in Latest news
The clock starts ticking – Gauke publishes Civil Liability Bill
Tuesday, 20 March 2018Justice Secretary David Gauke today finally published the Civil Liability Bill, which the government said “offered hope” of lower insurance premiums to millions of motorists by reducing the “unacceptably high number of whiplash claims”. The bill also contains changes to the way the personal injury discount rate is calculated.
Tags: personal injury
Posted in Latest news, Market monitor
Consumers warned off CMC subject to multiple complaints over poor practices
Wednesday, 14 March 2018The Office for Legal Complaints – the body that oversees the Legal Ombudsman – has exercised for only the second time its power to name “in the public interest” an organisation responsible for dozens of complaints and warned consumers not to use it.
Tags: personal injury
Posted in Latest news, Legal Ombudsman
Pressure on government to go further with PI cold-calling ban
Monday, 12 March 2018The government’s insistence on pressing ahead with a ban on cold-calling by claims management companies (CMCs) that many argue does not go far enough will be put to the test today. MPs will consider the changes made during the committee stage of the Financial Guidance and Claims Bill and various further amendments put forward by the Labour opposition.
Tags: personal injury
Posted in Latest news, Marketing & PR
Insurers can handle low-value PI claims between them, says top boss amid warning of CMC invasion
Friday, 9 March 2018It should not be “beyond the wit of man” to design a system for low-value personal injury (PI) claims where insurers and their customers handle cases without the involvement of lawyers, the head of one of the country’s biggest insurance companies. The comments came alongside a claimant warning that the PI reforms left plenty of “meat” for CMCs.
Tags: personal injury
Posted in Latest news, Market monitor
Government issues defence of plan to ban cold-calling
Wednesday, 28 February 2018The government has issued a wide-ranging response to criticisms of whether its plan to ban cold-calling will be effective, saying that making the Financial Conduct Authority responsible for it would risk “confusing consumers and industry”.
Tags: personal injury
Posted in Latest news, Regulation