Commenting on Royal Assent being granted for the Civil Liability Bill, which means it now enters law as the Civil Liability Act, the ABI’s Director of General Insurance Policy James Dalton said:
“The measures within the Civil Liability Act will deliver a more proportionate approach to whiplash claims and create a fairer system for claimants, insurance customers and taxpayers. The ABI has worked hard with politicians, civil servants and wider stakeholders to see these reforms through and it is great to end the year with Royal Assent. The clock is now ticking on the first review of the Discount Rate and we will keep the pressure on to have a new Rate set as quickly as possible, and to support the introduction of the new claims portal.”