Insurers behaving in 'morally repugnant' fashion over PI auctions
A solicitor’s firm has branded the practice of auctioning books of personal injury claims morally repugnant and bankrupt.
John Spencer, director of Spencers Solicitors, a personal injury operation, has launched a new campaign to rid the personal injury system of what he described as underhand practices conducted by insurers and other industry players.
He claimed that personal injury claims are auctioned off to the highest bidder by insurers with the ‘price tag’ likely to be influenced by the degree of injuries sustained by specific cases, essentially, he argued, putting people’s “misery up for sale to the highest
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