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Insurance claims rise for personal injury claims

The Financial Times recently revealed that car insurance companies have lost £2 billion in 2010 thanks to the amount of personal injury claims rising. Some new customers taking out car insurance have had to pay 30% more for their insurance this year than last. In recent years the car insurance industry has been hit hard with claims for bodily injury soaring to new heights. The Royal Bank of Scotland alone has to put in reserves of around £390 million in their insurance business solely due to the amount of individuals making claims for injury in road traffic accidents. In the worst...

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