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1127307
registered interest false more like this
date less than 2019-05-17more like thismore than 2019-05-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Insurance Companies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to stop insurance companies delaying interim payments to third parties to take advantage of potential changes to the Ogden discount rate. more like this
tabling member constituency Orpington more like this
tabling member printed
Joseph Johnson more like this
uin 255669 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-21more like thismore than 2019-05-21
answer text <p>The FCA is an independent body responsible for regulating and supervising the financial services industry. It sets the conduct standards required of insurance firms in relation to their business.</p><p> </p><p>The FCA’s rules require insurers to handle claims fairly and promptly; provide reasonable guidance to help a policyholder make a claim, and appropriate information on its progress; not reject a claim unreasonably; and settle claims promptly once settlement terms are agreed. It is important that insurers treat customers fairly and the Government supports the FCA in carrying out its responsibilities.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
grouped question UIN
255668 remove filter
255670 more like this
question first answered
less than 2019-05-21T14:42:59.87Zmore like thismore than 2019-05-21T14:42:59.87Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4039
label Biography information for Joseph Johnson more like this
1127308
registered interest false more like this
date less than 2019-05-17more like thismore than 2019-05-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Insurance Companies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will make it his policy to introduce a legally binding code of conduct for insurance companies to protect (a) defendants and (b) claimants from the start of a third party claim to the final settlement. more like this
tabling member constituency Orpington more like this
tabling member printed
Joseph Johnson more like this
uin 255670 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-21more like thismore than 2019-05-21
answer text <p>The FCA is an independent body responsible for regulating and supervising the financial services industry. It sets the conduct standards required of insurance firms in relation to their business.</p><p> </p><p>The FCA’s rules require insurers to handle claims fairly and promptly; provide reasonable guidance to help a policyholder make a claim, and appropriate information on its progress; not reject a claim unreasonably; and settle claims promptly once settlement terms are agreed. It is important that insurers treat customers fairly and the Government supports the FCA in carrying out its responsibilities.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
grouped question UIN
255668 remove filter
255669 more like this
question first answered
less than 2019-05-21T14:42:59.907Zmore like thismore than 2019-05-21T14:42:59.907Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4039
label Biography information for Joseph Johnson more like this