LONDON (ShareCast) - (ShareCast News) - NAHL Group, the AIM-listed owner of the National Accident Helpline, saw its shares jump following press reports on the Ministry of Justice's proposed changes to personal injury claims.
As part of the Prisons and Courts Bill unveiled on Thursday, the MoJ has proposed to increase the small claims limit for road traffic accident (RTA) claims to £5,000 and introduce a new small claims threshold of £2,000 for all other personal injury claims. Currently, the small claims limit is £1,000.

Originally, the MoJ had wanted to increase the limit across the board.

NAHL said that through the National Accident Helpline, it has been fully supportive of the government's work in tackling insurance fraud via its involvement in the Insurance Fraud Task Force and while it remains focused on the potential impact on claimants, it welcomes the increased clarity provided.

"As previously stated, enquiries generated by NAH are predominately non-RTA related, nevertheless a proportion of these do fall below the proposed £2,000 threshold and will require an alternative route to justice.

"We will examine the impact of the proposed changes with a view to ensuring all claimants have the necessary access to justice and will provide a further update prior to the group's preliminary results scheduled for 21 March."

At 1230 GMT, the shares were up 19% to 162p.

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE