Looking Back 5 Years Ago: Real-time MID updates are scrapped
Insurers have abandoned plans for real-time updating of the Motor Insurance Database on cost grounds, instead opting for a seven-day requirement. And the Association of British Insurers and the Motor Insurers' Bureau urged the government and the industry to push for implementation by 2007.
The British Insurance Brokers' Association backed the plans but called on the government to regulate the scheme. The ABI outlined its proposals for personal lines motor policies during talks with the
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