United Kingdom · Question · Written question
UIN 63433
Motor Insurance
Original
Introduced
27 June 2025
Last action
7 July 2025 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
7 July 2025
Summary
To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of the Financial Conduct Authority's powers in preventing insurers from applying excessive premium increases to non-fault claimants.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
27 June 2025
Written question
To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of the Financial Conduct Authority's powers in preventing insurers from applying excessive premium increases to non-fault claimants.
Source: Commons
7 July 2025
Answer
Insurers make commercial decisions about pricing and the terms of cover they offer based on their assessment of the relevant risks. This is usually informed by the insurer’s claims experience and other industry-wide statistics. However, the Government is ...
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/2025-06-27/63433
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1817408
- uk · wq-1817408 · source updated 7 July 2025