NU Online News Service, May 7, 2:17 p.m. EDT
The U.K. government's plan for whiplash-injury reforms is positive for the general insurance industry operating in the "whiplash capital of Europe," according to Moody's Investors Service.
In its Weekly Credit Outlook, Moody's says insurers have seen a "dramatic rise" in the frequency and severity of whiplash claims in the U.K. These claims, according to the industry, are the main reason for rising motor rates.
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