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Claims news - Compensation draft fails to tackle issue.
(From Post Magazine)
The Compensation Bill has failed in its attempt to address the compensation culture, and a much bolder approach is needed, claimed Terry Renouf, national partner at Berrymans Lace Mawer.
"There is very little in the Compensation Bill to tackle compensation. Insurers know, and the insureds know, that the compensation culture is not just a perception but reality because costs are running away. Someone needs to take a bold approach," he said.
Mr Renouf was particularly critical of section one of the Bill, which he said was littered with terms such as "may" and "might" and had "so many conditional clauses it is virtually useless".
He added: "Claims may be stable but you can argue that they should be declining with risk management now being taken more seriously."
Nick Starling, head of general insurance at the Association of British ...
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- Newspaper article from: The Washington Post David Hoffman February 19, 1994 700+ words
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- Walters' Workers Compensation Bill Revised
- Newspaper article from: The Journal Record Lou Anne Wolfe March 29, 1994 700+ words
...important that a workers compensation bill remain alive," he said...support having a workers compensation bill out here, be it a House...that there is a workers compensation bill I have supported. I have...
- Compensation Bill receives Royal Assent.
- Press release article from: M2 Presswire July 26, 2006 700+ words
M2 PRESSWIRE-26 July 2006-UK Government: Compensation Bill receives Royal Assent(C)1994-2006 M2 COMMUNICATIONS...management companies more strictly regulated after the Compensation Bill received Royal Assent yesterday. The Compensation...
- Compensation Bill Ends Up in Committee
- Newspaper article from: The Journal Record Lou Anne Wolfe March 24, 1994 700+ words
...I think it needs to go through the committee process like any other workers compensation bill," Cullison said. "I expect to have a workers compensation bill this year in some form, but not to be responsible for completely outlawing the...
- WORKERS' COMPENSATION BILL PASSED BY HOUSE / WITHOUT MORATORIUM
- Newspaper article from: The Journal Record DAVID TIPTON July 1, 1987 700+ words
The only remaining workers' compensation bill to be considered in this session was passed by a vote...trial experience before the court. The only workers' compensation bill which made it through the Legislature and be passed by...