Issues pertaining to the whiplash compensation claims are a widely talked about topic on the news. This is heighted by the reported released by the Institute and Faculty of Actuaries in October 2012 wherein there is a remarkable increase in whiplash compensation claims despite the decrease in road accident injuries. The Institute and Faculty of Actuaries gathered and analysed data from the motor insurance industry in 2011. After the organization released the report, many reactions and comments came out.
Based on the data, third party injury or TPI claims rose by 6%. There is a discrepancy between the data from the Institute and Faculty of Actuaries and the police report. The organization showed that whiplash compensation claims increased by 40% while the police report showed only 20% increase. Many reacted on the discrepancy and tried to figure out the reason behind the difference. The third party injury claims are gaining popularity in Birmingham, Manchester and Liverpool which is also the areas where the claims management companies (CMC) are sprouting like mushrooms. Although the authorized claims management companies weakened, their profit climbed by 21%. It also highlighted the best and worst post code districts for TPIs with Birmingham getting a bigger share of 11 out of 20 worst postcode districts.
Guide to Whiplash Compensation Claims [http://www.accidentsdirect.com/whiplash-claims.aspx] in the United Kingdom
According to the data of the Institute and Faculty of Actuaries in October 2012, the growth of whiplash claims garnered different comments from the public. Is it really easy to process the claim for personal injury? What is the process of making a compensation claim for personal injury?
Typically, the person who was injured from an accident will provide personal information and the details of the accident. The lawyer will then assess the information and sit down with the injured person. The claimant (the one filing the claim) will discuss the details of the accident. If there is a strong chance of winning the case, the lawyer and claimant will enter into an agreement. The lawyer will arrange a consultation with a medical professional and obtain a statement regarding the claimant's injury. Keeping a record of the incidence and collecting the receipts after the accident can increase the chance of winning the case. Aside from this, the lawyer will also get a statement from the witnesses to make a stronger claim.
Claim for personal injury is often complicated. Legal assistance is essential in knowing the legal rights of people who were badly injured.
Based on the data, third party injury or TPI claims rose by 6%. There is a discrepancy between the data from the Institute and Faculty of Actuaries and the police report. The organization showed that whiplash compensation claims increased by 40% while the police report showed only 20% increase. Many reacted on the discrepancy and tried to figure out the reason behind the difference. The third party injury claims are gaining popularity in Birmingham, Manchester and Liverpool which is also the areas where the claims management companies (CMC) are sprouting like mushrooms. Although the authorized claims management companies weakened, their profit climbed by 21%. It also highlighted the best and worst post code districts for TPIs with Birmingham getting a bigger share of 11 out of 20 worst postcode districts.
Guide to Whiplash Compensation Claims [http://www.accidentsdirect.com/whiplash-claims.aspx] in the United Kingdom
According to the data of the Institute and Faculty of Actuaries in October 2012, the growth of whiplash claims garnered different comments from the public. Is it really easy to process the claim for personal injury? What is the process of making a compensation claim for personal injury?
Typically, the person who was injured from an accident will provide personal information and the details of the accident. The lawyer will then assess the information and sit down with the injured person. The claimant (the one filing the claim) will discuss the details of the accident. If there is a strong chance of winning the case, the lawyer and claimant will enter into an agreement. The lawyer will arrange a consultation with a medical professional and obtain a statement regarding the claimant's injury. Keeping a record of the incidence and collecting the receipts after the accident can increase the chance of winning the case. Aside from this, the lawyer will also get a statement from the witnesses to make a stronger claim.
Claim for personal injury is often complicated. Legal assistance is essential in knowing the legal rights of people who were badly injured.
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