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Liability Risk and Insurance

Interest on MIB award referred to ECJ

Having been injured by an untraced driver, a Mr Evans eventually received an award of £46,629 by the arbitrator of the Motor Insurers’ Bureau (MIB) – without addition of interest. He appealed that interest was required by the Second Motor Insurance Directive, but the court of appeal dismissed this on the basis that even if the UK government had failed in proper implementation, the MIB was not an emanation of the state and therefore the directive was unenforceable.

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