NU Online News Service, April 6, 2:30 p.m. EDT

Civil litigation reforms in the United Kingdom that could reduce legal costs for insurers are credit-positive, says a report from Moody's Investors Service.

The overhaul of the civil justice system is the first in 15 years, said Justice Secretary Kenneth Clarke in an announcement at the end of March.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.