Personal Injury Compensation Claims

The late nineties and early noughties saw the personal injury claims market incur a barrage of bad press and extensive coverage over such issues as costs and the business practices of many accident claims management companies across the country.

The attention to costs was a particularly heavy subject but rightly so from the perspective of defendants who more often than not are the underwriting insurance companies. In some cases there has been a clear abuse of costings including the implications of inflated and excessive referral fees and commissions.

Examples of this include the obtaining of medical reports for evidential purposes. This type of case disbursement cost should be a straight forward and simple process incurring an appropriate fee from the relative instructed expert. Unfortunately this area in particular has been a popular source of abuse by some companies to the extent that by the time the final disbursement fee was landing on the desk of the defendant insurer the cost was significantly higher, in some cases two to three times what the report actually cost.

Compensation Claims

Proportionality has always been a big issue and fixed costs have already been implemented to certain aspects of the claims market place but there are still major concerns over the element of costs and the actual transparency of the market. How transparent is your claims company when it comes to costs and business practices.