Legal changes set to prompt claims rush

Enterprise

An ‘inevitable consequence’ of the changing rules will see ‘a rush to issue claims prior to April 2023’, says partner

Insurers have been told to brace themselves for a flood of court cases before new legislation – which will see unsuccessful claimants be made liable for part of their defence costs – becomes law.

Law firm Clyde and Co has said that underwriters and the courts need to prepare for a rush of civil claims in the run up to Easter as claimants seek to pre-empt the introduction of the new rules.

Read more… 

Explore more claims-related content here or discover other news stories here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.