New UK law makes damages for late payment a reality
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New UK law makes damages for late payment a reality

Winifred Okocha
05 May 2016
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The UK's Enterprise Bill received Royal Assent yesterday (4 May) and will come into force in May 2017.

Insurers will have to pay damages if they are late paying claims, although the legislation will not be applied retrospectively.

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Winifred Okocha
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