In March, the Treasury reported that the whiplash reforms have reduced insurance premiums by about £31 per policyholder, close to the promised £35.
Last week, however, justice minister Sir Nicholas Dakin told MPs: ‘Although it is a factual reporting of the information from insurers provided to HM Treasury through the Financial Conduct Authority, it does not represent the government’s view, so it is right and proper that, separately from the report, the MoJ will undertake a post-implementation review of the whiplash reforms later this year.’
Sir Nicholas was speaking during a debate on the draft Whiplash Injury (Amendment) Regulations 2025, which uprates the tariff values.
Reforms to whiplash law in 2021 introduced fixed tariffs, increased the small claims threshold from £1,000 to £5,000, and required a medical report before settlement of claims.
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