Analysis: Who’s to blame for insurance mess?

Insurance is a costly business to get wrong

Who is to take the blame for the near 40 per cent surge in motor insurance costs over the past 12 months? The motor insurers blame greedy lawyers (of whom there are plenty) for siphoning off fees and promising huge payouts. The legal industry blames the insurers, claiming they are merely securing compensation that accident victims are entitled to. The regulator believes the insurers got their prices too low. And motorists believe they ...