Before Lord Young of Graffham became infamous as the Tory Peer who thinks we’ve “never had it so good” and that the recession doesn’t exist, he wrote a rather more sensible report about the compensation culture, warmly welcomed by insurers and, in happier times, David Cameron. I assessed the chances of his recommendations becoming law for Insurance Times. Back then, the fact that he’d been invited to stay on and implement them was a hopeful sign. So now what’s going to happen?