MIB to speed up paymen
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A MOVE to speed up the payment of compensation to victims of and run drivers has been welcomed by Transport Under Secret Lynda Chalker.
The Motor Insurer's Bureau pays compensation for death or bodily injury in cases where it is clear that had the driver by found, he would have been ble for damages.
In 1981 the Bureau made awards at a cost of £4.1m. "1 accelerated procedure, int duced initially for small clair has proved helpful in speedi up settlements and the presi limit of £10,000 is to be extend to £20,000," Mrs Chalker plained.
Under the new procedure, applicant may elect to disper with some of the formalities the agreement provided that is professionally represent and the case does not involve identified driver or any other c usual feature.