21. 07. 2008
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16. 07. 2008
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12. 07. 2008
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06. 07. 2008
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04. 07. 2008
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02. 07. 2008
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01. 07. 2008
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Delivering access to justice and the compensation you deserve - Talk Once
There are some genuine fears that new proposals by the Government to allow them to retrieve back mesothelioma compensation payouts could cost the insurance industry millions.
The Work and Pensions Department is pushing hard to see the legislation introduced as early as 2008 and there are plans to see those diagnosed with mesothelioma receive compensation by lump sum payments within 6 weeks with the government in a strategic position to claim back the money if a civil claim is pursued at a later date.
Insurance companies are welcoming any methods that allow mesothelioma compensation claims and indeed any personal injury claims to be settled expediently however the Association of British Insurers has no idea at this early stage what cost impact this could have on the insurance industry.
Top solicitors working with personal injury claims and specifically asbestos compensation and mesothelioma claims are critical that whilst the insurance industry has profited by millions over the last eight years by deducting state benefits from claimants and not paying any of that back to the Government It will now be looking to recover any future costs under the new regime by putting up the prices of premiums.
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