Truss out as Justice Secretary following reshuffle

liz-truss

Truss was behind the cut in the Ogden rate to minus 0.75%.

Former Lord Chancellor and Justice Secretary Liz Truss has been replaced in the cabinet reshuffle that has followed last week’s general election.

Truss was Justice Secretary when the discount rate was cut from 2.5% to minus 0.75% earlier this year. She has been replaced by David Lidington MP.

At the time the change was announced, Truss commented: “The law is absolutely clear - as Lord Chancellor, I must make sure the right rate is set to compensate claimants.

“I am clear that this is the only

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Meet the MGA: Kayzen Specialty

Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused.

i-Wonder delivers on fast food

i-Wonder, provider of niche insurance comparison website solutions, has confirmed the adoption of its offering for the UK fast food delivery sector by “one of” the UK’s main aggregators, Insurance Age can reveal.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: