The insurance industry has come out on top following the successful win in the Simmons v Castle Court of Appeal case. The Association of British Insurers forced the appeal following the original decision in the case to increase damages by 10% as part of reforms to the civil litigation system. The ABI claimed that this would save them £300m in pay outs to personal injury victims.
The changes were scheduled to come into effect on April 1st 2013, but now will not come into play for cases where the claimant has agreed to a conditional fee arrangement before this time.
James Dalton, the ABI’s Assistant Director of Motor and Liability, said:
“We have won a battle against unnecessary costs but not the war. So the fight to bring about a speedier, more cost-efficient civil litigation system for the benefit of claimants and customers continues.”
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Setfords Solicitors are a national full service law firm, with personal injury Solicitors in London and across the country.