The Compensation Culture

During the late nineties and early noughties there was a literal personal injury compensation boom that caused a number of problems in the UK insurance market place. The compensation culture as it was later called saw a dramatic rise in the number of compensation claims made by claimants from slip and trip accidents to whiplash compensation injury claims.

The whole process was further fuelled by the emergence of the accident management companies like the Accident Group who launched the ability to claim compensation into the public domain on a grand scale.

It seemed for a few years however that the whole system was being abused by some companies, with every man and his dog trying to cash in on commissions it became completely understandable why the insurance companies demanded change in the way costs were being handled in the personal injury compensation claim market.

Now with the introduction of such things as fixed costs and the governing body of the Ministry of Justice the whole market is settling down.