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03/04/2026
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16/05/2017
Britian’s Insurance body has appealed for a change in the way insurance claims are calculated. The appeal comes after a change in the way lumpsum amounts are worked out pushed up the size of the payments, denting insurers' profits.
Motor insurance premiums have gone through the roof since the MOJ surprisingly cut a discount rate used to calculate the payments, to -0.75 percent from 2.5 percent. Insurance giants such as AIG, Allianz and Zurich Insurance have suffered massive hits to their profits from the rate change.
"The current methodology used to calculate the discount rate is fundamentally flawed as it does not reflect the reality of how claimants invest their damages," James Dalton, director of general insurance policy at the ABI, said in a statement outlining the trade body's response to a government consultation. The ABI mentioned it would favor a dual rate, in which the discount rate was lower for the first years of a claim, before stepping up to a higher rate.
Wondering how much your claim could be worth if you are eligible? We are here to help, fill up a short form here-
http://claiminjurynationwide.co.uk/Home/RoadTrafficAccident?src=fdc&lid=zip33
Appeal made by British Insurance Body to change the way claims are calculated
28/03/2017
Did you know?
You can claim compensation even if your auto accident was the result of poor road conditions. Statistics show that nearly 14% of crashes are caused by bad road conditions like surfaces that contain potholes or are worn out and badly laid out. Obscured signs are another factor that can cause car crashes.
Weather can also have an adverse effect on roads, as rain water mixes with oil residue on the tarmac and creates a slippery film, which can be made even worse if the road has poor drainage.
If you have been in a car crash due to improper road conditions, you can claim compensation for the same by filing a claim against any authority responsible for maintaining the road you had an accident on. Claims can include physical or emotional trauma, lost earnings and vehicle damage.
Wondering how much your claim could be worth if you are eligible? We are here to help, fill up a short form here- http://claiminjurynationwide.co.uk/Home/RoadTrafficAccident?src=fdc&lid=zip27
You can claim compensation if your auto accident was the result of poor road conditions
21/03/2017
A woman who fractured her T12 vertebra at a trampoline park is taking legal action to compensate for her injuries.
Sarah McManus, 29, is said to be one of four people to have suffered serious injuries on the ‘tower jump’ at the Flip Out Chester Park in Cheshire this year. The incident took place on January the 15th while Sarah was visiting the park. She mentions she jumped from the four-meter high ledge into a foam pit.
Sarah says ‘I followed the instructions on the sign and landed in the seated position as suggested, but when I hit the foam; I heard a crack in my back and felt like I’d been winded.
‘I was barely able to breathe and couldn’t shout for help so I had to throw some of the foam sponges in the air to get attention.’
She added: ‘I was eventually fitted with a back brace that I wear daily and only remove it to shower and sleep.’
After trying to communicate with the Park without any success, Sarah filed for an injury claim. Post her filing, 3 other individuals who visited the park recently have come forward, all reportedly suffering from back injuries sustained from the same attraction, which has since been replaced.
If you been the victim of an injury, check if you can eligible for a compensation claim & how much your claim could be worth for free- http://claiminjurynationwide.co.uk/?srs=fdc&lid=zic21
To read more- http://metro.co.uk/2017/03/13/woman-sues-trampoline-park-after-suffering-spinal-injuries-on-a-jump-6505835/
Woman takes legal action against entertainment park after back injuries
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