Chancellor’s Autumn Statement – reaction from Association of Personal Injury Lawyers (APIL) 23 November 2016
APIL president Neil Sugarman said:
“The Chancellor's statement that reforms to personal injury claims will deliver lower premiums for motorists while at the same time announcing an increase in insurance premium tax is astounding. The insurance industry has a track record of failing to pass on savings made from previous reforms by lowering premiums. These excessive reforms will affect the long-held right of genuinely injured people to claim compensation, taking the common law back to the dark ages. The excuse that they will generate a saving for motorists when those same motorists will almost certainly be forced to pay for the increase in tax simply adds insult to injury.”