Tag Results

CMC fights off challenge from Lloyds over PPI advert

Crystal Legal Services, a claims management company (CMC), has seen off a challenge from Lloyds Banking Group to one of its PPI adverts after three other CMCs had fallen foul of complaints by the bank.

March 30th, 2016 | No Comments »

CMC loses licence after 40m nuisance calls in three months

A claims management company which made 40m nuisance calls in only three months has had its license revoked by the Claims Management Regulator. Kevin Rousell, head of the CMR, said the firm “demonstrated the worst excesses” of the industry.

January 12th, 2016 | No Comments »

No end to flood of complaints about CMCs as total rises above 15,000

The number of complaints to the Legal Ombudsman about claims management companies is gathering pace and passed 15,000 in the first nine months of 2015, it has emerged. LeO said almost half of the complaints were about fees.

January 6th, 2016 | No Comments »

Complaints about CMCs hit 9,000 after only six months, LeO says

The number of complaints about claims management companies received by the Legal Ombudsman in the first six months of this year has hit almost 9,000 – a far higher amount than expected. However the number actually investigated was lower than predicted.

November 5th, 2015 | No Comments »

Personal injury CMCs enjoy sharp rise in income to £310m as market stabilises

The turnover of personal injury claims management companies (CMCs) bounced back 27% to £310m last year as the market began to “stabilise”, it has emerged. Applications by personal injury CMCs for authorisation from the Ministry of Justice also increased by almost two-thirds.

July 14th, 2015 | No Comments »

Osborne: CMCs face fundamental review and fees cap

A “fundamental review” of claims management companies – along with a cap on the fees that they can charge consumers – was announced by Chancellor George Osborne in today’s Summer Budget.

July 8th, 2015 | 2 Comments »

Only one solicitor sent to SDT over referral fee ban as large CMCs thrive

Only one solicitor has been sent to the Solicitors Disciplinary Tribunal for breaching the ban on referral fees in personal injury cases, it has emerged. Meawhile, the head of claims management regulation said the “biggest CMCs are making more and more money”.

June 9th, 2015 | No Comments »

Only 4% of CMC complaints relate to personal injury work, LeO reveals

Only 4% of complaints about claims management companies (CMCs) received by the Legal Ombudsman (LeO) relate to personal injury work, it has emerged, in the first release of figures since Leo began its new role.

June 5th, 2015 | 1 Comment »

Number of personal injury CMCs falls below 1,000

The number of personal injury claims management companies (CMCs) has fallen below 1,000, it has emerged, down from 2,300 at the start of 2013. Smaller CMCs have been hit hard by ban on personal injury referral fees, the cuts in portal fees and ban on inducements.

June 1st, 2015 | No Comments »

First Polish-owned, Polish-speaking ABS targets East European clients

The first Polish-owned, Polish-speaking alternative business structure opened for business at the start of this month – with the help of a British solicitor. Optimal Solicitors started life as a claims management company before converting.

April 21st, 2015 | No Comments »