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PI Brief Update

Are Motor Insurance Premiums Being Wrongly Inflated? - Charles Bagot, Hardwicke

17/10/12. The Office of Fair Trading (‘OFT’) suspects so and has made a referral to the Competition Commission. The latter will be shining a light into the dark (and some might say murky) world of those who arrange, pay for and profit from repairing the vehicles of and hiring replacement vehicles to ‘not-at-fault’ drivers [OFT announcement: http://www.oft.gov.uk/news-and-updates/press/2012/85-12 ].

The OFT suspects that drivers’ insurance premiums are being inflated by insurers passing on in higher premiums the unnecessarily high costs of repairs and...

Image ©iStockphoto.com/alekcey

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All information on this site was believed to be correct by the relevant authors at the time of writing. All content is for information purposes only and is not intended as legal advice. No liability is accepted by either the publisher or the author(s) for any errors or omissions (whether negligent or not) that it may contain. 

The opinions expressed in the articles are the authors' own, not those of Law Brief Publishing Ltd, and are not necessarily commensurate with general legal or medico-legal expert consensus of opinion and/or literature. Any medical content is not exhaustive but at a level for the non-medical reader to understand. 

Professional advice should always be obtained before applying any information to particular circumstances.

Excerpts from judgments and statutes are Crown copyright. Any Crown Copyright material is reproduced with the permission of the Controller of OPSI and the Queen’s Printer for Scotland under the Open Government Licence.