Tel: 01992 471001
The London Assembly, which oversees Mayor of London Boris Johnson, has welcomed the Home Office announcement that the Riot Damages Act 1886 will be reviewed.
London Assembly budget and performance committee chairman John Biggs said: “The act is crying out for reform. Last year, following an in-depth investigation, we warned that it was not meeting the needs of riot-hit traders and we are pleased that the government is acting on our concerns.
“It is ridiculous that in the 21st century we are stuck with a piece of legislation from 1886 that does not adequately define a riot or cover damage to cars and vans. The government’s new review must address these weaknesses and provide a significantly more efficient and streamlined act, that works in the modern world.”
Biggs added that the insurance industry could use its skills and experience to help the government spend cash in future.
When looking for the most competitive vehicle insurance premiums, the use of artificial intelligence could prove invaluable – and save fleets money. …
16 Apr 2024
The average cost of car insurance has hit an all time high as premiums rose to almost £1000 in the last quarter …
18 Jan 2024
Most home insurance policies will provide additional cover over the festive period, taking into account increased levels of contents and personal possessions …
18 Dec 2023