Compulsory motor insurance across Europe currently is under the scrutiny of the European Commission, which is carrying out its REFIT review of the Codified Motor Insurance Directive. Although much of that is likely to focus on the challenges of the Vnuk decision, it seems that the other European institutions and stakeholders are also considering the future shape of potentially important aspects of motor insurance law.
The 14th Edition of the Judicial College Guidelines for general damages for personal injuries was published on Friday 15 September. The overall increase in guidelines is of around 4.8%, which reflects the increase in RPI since the last edition (published in September 2015).
This morning the Lord Chancellor issued a regulatory news story (RNS) to the Stock Exchange which confirms that new draft legislation will be brought forward to re-set the current personal injury discount rate of minus 0.75%.