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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Government plans to cut whiplash injury claims

Category : Business

Justice secretary Chris Grayling set to launch consultation on creating independent medical panels to improve diagnosis

The government will unveil plans to reduce the huge number of whiplash claims which have been pushing up insurance premiums.

Justice secretary, Chris Grayling, will on Tuesday launch a consultation on creating new independent medical panels to improve diagnosis of whiplash injuries.

This aims to ensure that genuine claims can still go ahead, but exaggerated, misrepresented or fraudulent claims are robustly challenged.

It will also consult on options to allow more whiplash cases to be challenged in the small claims court and to change the current position where it can be cheaper for insurance companies to accept questionable claims than to contest them.

“For too long honest drivers have been bearing the price of a system that has been open to abuse and it is time for that to change,” Grayling said.

“We are proposing action to support effective whiplash diagnosis by medical experts and to simplify procedures which will help bring speculative or fraudulent claims before a judge – so genuine claims can still be settled but fraudsters are left in no doubt there will be no more easy paydays.”

The government said it has taken action after figures showed there had been a 60% rise in personal injury claims related to road accidents since 2006, despite vehicles becoming safer and a 20% reduction in the number of reported accidents over the same period.

It estimated that whiplash claims cost £2bn in 2010 or £90 for each policy.

This is the latest stage of a series of significant civil justice reforms by the government, designed to reduce legal costs and stop the growth of compensation culture in England and Wales.

Tuesday’s consultation complements law changes which will come into effect in April 2013.

They will include rebalancing no-win no-fee deals so losing defendants will no longer have to pay a success fee or legal insurance premium to the claimant’s lawyer.

It will also include banning “referral fees” where companies can profit from selling on someone’s personal injury claim and stopping claims management companies from offering money or goods as an inducement to make a claim through them.

The insurance industry has committed to passing on savings to consumers made from the reforms to civil litigation costs, the government said.

James Dalton, head of motor and liability at the Association of British Insurers, said: “We are pleased that the government recognises that tough action is needed to protect honest motorists from the UK’s whiplash epidemic. For too long, whiplash has been seen as the “fraud of choice”.

“Our roads are safer, yet every day over 1,500 whiplash claims are made. These claims add an extra £90 a year to the average motor insurance premium.

“More effective diagnosis of whiplash will help genuine claimants get paid out quickly and reduce the scope for fraud, so helping to ensure that honest motorists do not end up footing the bill for the cheats through higher insurance premiums.”

Most accidents ‘driver’s fault’

Category : Business, World News

Most accidents on Britain’s roads last year were the driver’s fault, according to the latest government figures.

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The National Highway Traffic Safety Administration is investigating Ford’s (F) Crown Victoria police cars following three complaints that part of the steering column can separate and cause loss of control. There have been no reported accidents or…

Category : World News

The National Highway Traffic Safety Administration is investigating Ford’s (F) Crown Victoria police cars following three complaints that part of the steering column can separate and cause loss of control. There have been no reported accidents or injuries. Separately, Ford is recalling 5,500 2012 Edge SUVs, due to concerns that the fuel line could leak and cause a fire. 3 comments!

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New Riders Have Higher Accident Rates

Category : World News

Inexperienced motorcycle riders are more likely to have accidents. Learn why in the following article.

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Two School Bus Accidents Prompt Look Into Commercial Driver Safety

Category : World News

Two accidents by the same Tennessee bus driver prompt a look at the commercial driver safety regulations.

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The Top 5 Bike Safety Tips for Georgia Children

Category : World News

Follow these tips to help keep your children safe from bicycle accidents this summer.

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Elevator upgrades to be subsidized

Category : World News

The land ministry plans to subsidize safety upgrades for elevators so they can be reinforced to handle major earthquakes, sources said.
Starting this fiscal year, the ministry will subsidize elevator renovation to prevent accidents caused by earthquakes, such as an inland quake in Tokyo, the sources said.

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New York Expands Its Move Over Law

Category : World News

In an effort to reduce the number of accidents on New York roadways, New York’s Move Over Law has been expanded to include tow trucks and other “hazard” vehicles.

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New York City Window Washing Accident

Category : World News

In New York City, window washer accidents, like ladder fall accidents, may occur even if the worker takes adequate precautions. In the event of window washing injuries or death, New York has special legal protections for window washers.

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New York City Window Washing Accident

Category : World News

In New York City, window washer accidents, like ladder fall accidents, may occur even if the worker takes adequate precautions. In the event of window washing injuries or death, New York has special legal protections for window washers.

Originally posted here: New York City Window Washing Accident

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