United Kingdom · Question · Written question
UIN 56497
Motor Insurance
Introduced
2 June 2025
Last action
9 June 2025 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
9 June 2025
Summary
To ask the Chancellor of the Exchequer, whether the Financial Conduct Authority plans to review the methods used by car insurers to determine vehicle valuations in write-off settlements.
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Timeline
2 June 2025
Written question
To ask the Chancellor of the Exchequer, whether the Financial Conduct Authority plans to review the methods used by car insurers to determine vehicle valuations in write-off settlements.
Source: Commons
9 June 2025
Answer
How insurers value vehicles in write-off settlements are a matter for the Financial Conduct Authority who is operationally independent from the Government. The Financial Conduct Authority published its findings of a multi-firm review into insurers’ claims...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-06-02/56497
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1808131
- uk · wq-1808131 · source updated 9 June 2025