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United Kingdom · Question · Written question

UIN 155261

Insurance

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 February 2021

Last action

24 February 2021 · Answer

Status

Answered

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Discovery layer

Source updated

24 February 2021

Summary

To ask the Chancellor of the Exchequer, what recent assessment he has made of trends in the insurance sector's level of compliance with their terms of cover and obligations with respect to claims made by consumers in the last 12 months.

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Timeline

  1. 19 February 2021

    Written question

    To ask the Chancellor of the Exchequer, what recent assessment he has made of trends in the insurance sector's level of compliance with their terms of cover and obligations with respect to claims made by consumers in the last 12 months.

    Source: Commons

  2. 24 February 2021

    Answer

    The Financial Conduct Authority (FCA) is the independent non-governmental body responsible for regulating and supervising the financial services industry. The FCA’s rules require insurers to handle claims fairly and promptly and settle claims quickly once...

    Source: Written answer

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