Calls for ban on referral fees after car premiums rise 40%
The Association of British Insurers (ABI) has called for an immediate ban on referral fees following research from the AA showing that the average motor insurance premium has risen by 40% over the last year.
The ABI warned that unless action is taken to curb the rising cost of settling personal injury claims, motor insurance premiums will continue to rise.
Nick Starling, director of general insurance and health at the ABI, said: "Enough is enough. Putting the brake on ambulance-chasing lawyers and claims management firms cannot come a moment too soon.
"Motorists have rightly had enough of paying for excessive legal costs, which add an extra 10% to the cost of motor insurance. It cannot be right that
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