CHO hits stalemate with insurers over 2015/2016 GTA rates
Insurers and the Credit Hire Organisation have reached a stalemate over the revised General Terms of Agreement rates for 2015/2016 amid uncertainty surrounding the true minimum cost of credit hire.
The impasse is due to repercussions from the Stevens v Equity Syndicate Management case from March last year, which CHO director general Martin Andrews said has led to insurers getting an unrealistic
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