The prime minister and the insurance industry have drawn up plans for a joint approach to tackling the compensation culture, rising insurance premiums and health and safety red tape.
On 14 February David Cameron met with representatives from the CBI, the Association of British Insurers (ABI), insurance companies and HSE to discuss what could be done to tackle rising premiums driven, Cameron claims, by a compensation culture.
Cameron said: “I am determined to tackle this damaging compensation culture which has been pushing up premiums. I want to stop trivial claims, free up businesses from the stranglehold of health and safety red tape and look at ways we can bring costs down.
“The insurance industry plays such an important part in all our lives – it is there to help when we are at our most vulnerable and at greatest need. But I want to ensure that we all do what we can to help people through this difficult time.”
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