MSE News: Car insurance cost hope after fees ban

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This is the discussion thread for the following MSE News Story:
"The Government is banning fees it says encourage a compensation culture that in turn leads to insurance hikes ..."
"The Government is banning fees it says encourage a compensation culture that in turn leads to insurance hikes ..."
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I don't see why it has to be months before it is introduced, it sounds simple enough. But better late than never I guess.
I would also like to see some limits on the "no win no fee" system. I know it is meant to help the poor but in practice it just means people try it on with made up claims like whiplash because it costs them nothing if they fail. There should be some capped cost to the loser when they lose a personal injury case.
EDIT: I missed the bit in the article that says this is partly happening. At least we are moving in the right direction at last:
And there will still be the groups of criminals who stage accidents so that they can claim for injuries.
And I doubt the insurance industry will reduce premiums as a direct result of this, but the ban, if approved / passed, may help to slow down the future increases, maybe :undecided
Its also interesting to see the ABI bleating about this - they are as bad as anyone else! Insurers also sell on details and have cosy contracts with overpriced repairers - a friend of mine had to take his car 20 miles to get it repaired despite there being a main dealer for that type of car just down the road - all because this one bodyshop had stitched up a deal with the relevant insurer to get all their repair work.
That said if you've got shares in any accident management companies - e.g. Helphire, they might look a bit sick for a while!
I will believe this when I see it!
Optional third party motor insurance???
Are you serious?
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