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View our liability insurance RSS news feedInjury claims go sky high during recession

Posted on May 22nd 2009

With more people struggling for cash during the financial crisis, the recession has led to a growing number of compensation claims in all industries. As more Brits avoid servicing their vehicles in fear of not being able to meet the cost to repair damages, the number of road accidents has soared.

January's cold weather led a growing number of potholes, which in turn contributed, to an increase in the number of road accidents and public liability claims. The number of medical negligence claims filed is also increasing as the pressure on the NHS increases as more people are losing their private health insurance as a result of being made redundant. Furthermore, the numbers of work accident claims are increasing as bosses focus more on their finances, paying less attention to health and safety regulations.

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