Claims Management Companies Responsible for 80% of Invalid PPI Claims

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CMCs Pushing "Have-a-Go" PPI Claims [29th Mar 2012]

The Ministry of Justice has started an investigation into claims management companies after a huge increase in the number of invalid PPI claims being made. Banks have been complaining that up to four fifths of the claims coming from claims management companies are invalid. Banks are currently rejecting between 20% and 50% of all the claims they receive, but most of these are coming from these claims management companies. They suggest that these companies are encouraging people to launch speculative claims via emails and text messages. The banks are pointing out that it is slowly down the process for those claims which are genuine and they would like to see more regulation of claim companies. Claims companies sometimes ask for up to 33% of the total amount of the claims as payment.

A compensation package has been announced for the victims of child abuse which took place in a Jersey care home over a 50 year period between 1945 and 1994. it is thought that 100 former care home residents will be able to make claims and each could receive as much as £60,000 depending on what types of offences took place in each case. The Jersey Care Leavers Association has commented that they have been waiting some time for this announcement and many of the survivors really need this money, but for some people the amount offered is not enough to make up for the abuse they suffered. The Jersey government has said that they feel it is an appropriate amount at this time and that a public enquiry will be launched. The victims are being represented by the UK law firm Pannone.

A man who has been convicted of murder in Italy and was wrongfully imprisoned is seeking compensation from the Italian courts. Edmond Arapi was held in jail in the UK after he was accused of murder in Italy. A trial took place, without his knowledge and he was convicted and given a 16 year sentence. This is despite the fact that Arapi had never been to Genoa and had an alibi for the time the murder took place. He was in a cafe in Staffordshire. Arapi was arrested when he returned to the UK from a holiday in Albania in 2009 in what was later discovered to be a case of mistaken identity. Italian authorities finally admitted an error had been made after Arapi had been in jail for weeks and extradition proceedings were underway.. The Italians are yet to say if compensation is due.

Pet owners who have been caught up in the cancellation of Halifax, Lloyds and Petguard pet insurance policies could be offered compensation and a policy top-up after a case being heard by the Financial Ombudsman led to success for one pet owner. The three providers pulled out of the pet insurance market despite offering policies which were supposed to be 'for life'. This led to 30,000 pet owners having to look for alternative cover for pets with sometimes, chronic conditions. Often they were unable to do so. In the test case the ombudsman ruled that compensation of £200 was due plus a top-up for any insurance bought for the pet in the next three years. This should ensure the pet is covered for pre-existing conditions. Pet groups are saying that some pet owners have animals with long term conditions which require much more than £200 in compensation and the Pet Alliance Watchdogs are offering for those owners affected to join a class action.

Other popular articles related to this one include: Child Abuse Compensation, Employee Abuse Compensation, Unfair Dismissal Claims, Teacher Injury Compensation, Terrorist Attack Compensation, Wrongful Arrest Compensation, PPI Claims Management Companies, and . Please let us know if you find any errors.

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