AMII says 'sign here' as IPT petition goes live

  The association announced the launch of a petition against rises in IPT at its recent AGM. IPT is now at 12%, one of the highest rates in Europe, on general insurance including private medical insurance premiums.  Stuart Scullion, chairman of AMII, urged: "If we do not stand up and make our voice heard, there is a worry that the government will continue to increase IPT, and this could have a potentially catastrophic impact on industry. "I'm concerned that if we don't speak up now, IPT could reach 20 per cent by 2020 if not sooner."  Scullion added: "We are hoping all interm...