Injury insurance money 'will run out'

The method used to calculate insurance pay-outs for life changing accidents could be changed after the financial crisis eroded many people's funds.

The government has been holding a consultation into the assumptions and prediction which inform the size of the awards.

Mark Satchwell received an injury payment after he broke his neck in a motorcycle accident, but has had to cut back on his expenditure as his finances have been effected by the economic downturn.