Shadow Attorney General Dominic Grieve has lambasted parts of the draft Compensation Bill as not "worth a pin" in combating the UK compensation culture.
Insurance Times understands that the Bill, tabled in parliament this week, will comprise two parts - the regulation of claims management companies and a legal definition of the term 'negligence'.
Speaking this week, the Tory MP reiterated his party's support for the regulation of the sector, but said debate over definitions would "not make any difference to the way the law works".
In May, Lord Falconer touted the Compensation Bill as a means to regulate the industry, stemming the growth of "claims farmers" and the attitude of cash compensation for injury.
Grieve predicted Labour would not support an independent body, such as the Claims Standards Council, to regulate the claims management industry.
