Recorded RTA settlements fall by 60,000 in the last 12 months
Despite insurance companies cries of “increase in claims” in an attempt to justify higher premiums and the government’s continuing references to “compensation culture”, the DWP CRU stats show that recorded RTA settlements actually fell by 60,000 in the last 12 months, see here.
CRU stats show that the number of total claims registered is down by 50,000 in 3 years. The CRU benefits recovered are down by £10mill in 4 years. The recoverable portal solicitor fees are about 75% lower than the average fees that were recoverable under the predictive costs regime prior to 2010. And now the initial expert fees have been fixed at around 40% of what was previously recoverable.