Insurers accused of bullying claimants to accept low sums
Insurers are strong-arming motor accident victims to settle for low compensation and the Financial Services Authority was "turning a blind eye", Amanda Stevens, the Association of Personal Injury Lawyers’ president, said.
The times reported Stevens addressing the association's annual dinner in London, said that accident victims were being let down by "weak financial regulation of certain insurance activities".
"It's not OK for the Financial Services Authority to turn a blind eye to high pressure tactics seeking to persuade people at their most vulnerable of the benefit of independent legal advice,” she said.
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