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date	2021-02-19
answering dept id	14
hansard heading	Insurance

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1287368

registered interest

date

19/02/2021

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Insurance

house id

legislature

25259

	pref label	House of Commons

question text

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.

tabling member constituency

Ealing Central and Acton

tabling member printed

Dr Rupa Huq

uin

155261

answer

is ministerial correction

date of answer

24/02/2021

answer text

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 settlement terms are agreed. In addition, the FCA has said that, in light of COVID-19, insurers must consider very carefully the needs of their customers and show flexibility in their treatment of them. The Government is working closely with the FCA to ensure that the rules are being upheld during this crisis and fully supports the regulator in its role.

answering member constituency

Salisbury

answering member printed

John Glen

question first answered

24/02/2021 14:21:25

answering member

4051

	label	Biography information for John Glen

tabling member

4511

	label	Biography information for Dr Rupa Huq