The FCA has announced that it is responding to feedback by extending its timetable for implementing changes flowing from its consultation on general insurance pricing practices, CP20/19, which closed on 25 January. In the consultation document, the FCA originally...
The FCA has published an extensive set of questions and answers on issues relating to its proposed remedies for perceived problems around the pricing of home and motor insurance in the UK. This follows the publication in September last year of the final report on the...
Following the FCA’s decision to require insurance firms to offer renewing home and motor policyholders a price no higher than equivalent new customers, the regulator is engaging with affected firms to work through the implications of the radical intervention it’s...
The motor and household insurance sectors are today digesting the implications of what FCA interim CEO Christopher Woolard has himself described as ‘probably most radical shake-up of the general insurance industry in years’. Far-reaching regulatory intervention has...
Later this month we will finally see the FCA’s delayed market study on general insurance pricing practices (MS18/1). We’ll be publishing detailed commentary on the FCA’s final report following its publication on 22 September. In the meantime it may be worth recalling...
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