Commenting on the cost benefit amendments being put forward as part of the Civil Liabililty Bill, Head of Motor and Liability at the Association of British Insurers (ABI), Rob Cummings, said:
"Insurers have already publicly committed to passing on to customers cost benefits arising from the Government’s reforms to personal injury compensation and the Discount Rate, and the proposed amendment to the Civil Liability Bill sets out a mechanism for insurers to demonstrate this. If the Bill proceeds in its current form, it will fix a broken system in the best interests of both insurance customers and taxpayers, and insurance companies are ready to provide the necessary evidence of their contribution to this.”