Personal injury reforms challenged
Independent economists have criticised the government’s planned personal injury reforms on the basis the reforms would benefit insurers at the expense of consumers and taxpayers.
The term “independent” is perhaps relative given they were instructed to review the reforms by the Law Society, Association of Personal Injury Lawyers and Motor Accident Solicitors Society. Here we see the same interesting phenomena that occurs in personal injury claims where the “independent” medical expert instructed by the claimant produces a report favourable to the claimant and the “independent” medical expert instructed by the defendant produces a report favourable to the defendant.
None of this is to suggest that the contents of the report are inaccurate or misleading, but it is doubtful the addition of the word “independent” adds anything. Frankly, the fact this review was undertaken by “economists” is not much of a recommendation itself given the recent accuracy of most economists’ predictions.
In any event, when in human history has a special interest group commissioned a report that reached a conclusion contrary to the interests of that group? If it has ever happened, the report never saw the light of day.