The insurance industry has promised to pass on savings to customers after a cut in personal injury legal fees, Downing Street has said.
At a summit with leading insurers, Prime Minister David Cameron criticised the "compensation culture" and pledged to reduce the current £1,200 fee for lawyers on small personal injury claims.
Insurance bosses committed to ensuring the savings were passed on to the public. The firms also promised to challenge more health and safety claims rather than just paying out.
In a bid to help small and medium-sized firms, the insurance industry also indicated it would provide guidelines stipulating exactly what employers do and do not need to do to comply with health and safety laws.
Concerns have been raised by businesses that they are forced to go far beyond legal minimums to secure insurance cover.
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