Personal injury claim settlements take two to three years to settle in Britain and waste a substantial sum of money on legal costs, according to a report by the Association of British Insurers (ABI).

The ABI today released a report saying the personal injury claim process needs repair in Great Britain, and insurers, along with other industry associations, are calling on the government to reform the current process.

The report focuses on two areas of personal injury claims: auto injury and workers' compensation. An auto injury claim can take two years to settle, while workers' comp claims can take three years, according to the report. And for approximately every ?1 ($1.99) spent to settle a claim, 43 pence (86 cents) goes to legal costs.

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