Lloyds Bank’s insurance arm has been fined £90m for sending insurance renewal letters to customers suggesting they were getting a “competitive price” without backing up…
View More Lloyds fined £90m for letters’ pledge on competitive insuranceTag: Insurance industry
Persimmon and Aviva to refund leaseholders after UK rent inquiry
Thousands of leaseholders will be refunded unfair ground rents and allowed to buy the freehold of their property at a discounted price after a crackdown…
View More Persimmon and Aviva to refund leaseholders after UK rent inquiryLess than 1% of UK travel insurance policies offer full Covid cover, says Which?
Less than 1% of UK travel insurance policies provide people with full comprehensive cover for Covid-related disruption, research by Which? has found. The consumer body…
View More Less than 1% of UK travel insurance policies offer full Covid cover, says Which?Loyalty penalties on UK car and home insurance to end
Customers who renew their home or motor insurance will not be charged more than new policyholders after the financial watchdog put an end to companies…
View More Loyalty penalties on UK car and home insurance to endFamily faces £250,000 bill after insurer rejects claim for wrecked home
A family has been left facing a bill of more than £250,000 after floors collapsed during a loft extension and their builder’s insurer refused to…
View More Family faces £250,000 bill after insurer rejects claim for wrecked homeTravel insurance slump cuts profits at Moneysupermarket
Price comparison website Moneysupermarket has reported a sharp slump in annual profits after coronavirus restrictions wiped out demand for travel insurance. The financial services platform,…
View More Travel insurance slump cuts profits at MoneysupermarketCovid crisis prompts financial fears for those organising funerals
A third of people organising a funeral in the UK because of Covid-19 found meeting the costs caused them financial worries, according to the insurer…
View More Covid crisis prompts financial fears for those organising funerals