Report comment

"Dalton was quizzed by MPs on the industry’s promises to pass on savings from any reforms that are introduced. He could not say how many ABI members had actually committed to reducing premiums and admitted the industry had saved ‘hundreds of millions of pounds’ from the reduction in fixed fees in 2013... He conceded that whiplash claims have come down in the last year..."

And why hasn't that set alarm bells off? Insurance premiums have risen year on year since 2013, yet costs of RTA claims have dropped spectacularly and insurers have saved "hundreds of millions of pounds".

Why have these savings not been passed on?!?

Why has the Competition and Markets Authority failed to intervene?

Although the press hate the PI sector, they hate insurers with equal gusto, where is the vitriolic press coverage exclaiming that the insurance industry is bleeding policyholders dry?!?

This is an absolute racket. Car insurance is mandatory and people have no option but to take out insurance, and as such are at the mercy of these parasites. It appears to this cynic's eyes that the insurance market has wilfully collaborated to increase premiums wholesale so that it can then "reduce" them to give people their £40/£50/£90 saving that was promised by these reforms. In reality, more corks are popping at ABI Towers as they wallow in their profits and divvy them out to shareholders.

The ABI and the insurance market has carried out a brilliant attack on the PI sector by using the media as its' mouthpiece, and the government has been complicit by failing to consider matters impartially or look at the evidence. Instead, they likely have been blinded by the promises of increased revenue and income to the taxman's coffers by increased rates of IPT and taxable profits.

These are dire worrying times for all in the claimant PI sector, and an attack on access to justice for every person who is injured - whether in a car accident, or an accident at work or in public. The people of this country will not realise what has happened until they have the unfortunate misfortune of being injured and attempt to seek justice for themselves.

By then, it will be too late.