Tag Archives: car crime

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Personal Injury Claims

Motor InsuranceBy Peter Brown 18th July 2019

Today, the Lord Chancellor Rt Hon David Gauke MP issued a statement on the discount rate that is applicable to personal injury lump sum compensation payments – known commonly as the Ogden rate – adjusting it from the level of -0.75% to -0.25%. The move will come into effect on August 05 this year. The…

Car theft is on the rise

Motor InsuranceBy Peter Brown 28th June 2019

Figures released by the Association of British Insurers (ABI) show that the number of motor theft claims paid by insurers in the first quarter of this year were at their highest for any quarter since 2012, with a payment made to a car crime victim every 8 minutes. The cost of these claims rose by…