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1127306
star this property registered interest false more like this
star this property date less than 2019-05-17more like thismore than 2019-05-17
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps he has taken to make sure that adequate interim payments to third parties are made promptly by insurance companies after those companies have accepted liability. more like this
star this property tabling member constituency Orpington more like this
star this property tabling member printed
Joseph Johnson more like this
star this property uin 255668 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-05-21more like thismore than 2019-05-21
star this property 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
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
255669 more like this
255670 more like this
star this property question first answered
less than 2019-05-21T14:42:59.817Zmore like thismore than 2019-05-21T14:42:59.817Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4039
unstar this property label Biography information for Joseph Johnson more like this
1127307
star this property registered interest false more like this
star this property date less than 2019-05-17more like thismore than 2019-05-17
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property 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
star this property tabling member constituency Orpington more like this
star this property tabling member printed
Joseph Johnson more like this
star this property uin 255669 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-05-21more like thismore than 2019-05-21
star this property 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
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
255668 more like this
255670 more like this
star this property question first answered
less than 2019-05-21T14:42:59.87Zmore like thismore than 2019-05-21T14:42:59.87Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4039
unstar this property label Biography information for Joseph Johnson more like this
1127308
star this property registered interest false more like this
star this property date less than 2019-05-17more like thismore than 2019-05-17
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property 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
star this property tabling member constituency Orpington more like this
star this property tabling member printed
Joseph Johnson more like this
star this property uin 255670 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-05-21more like thismore than 2019-05-21
star this property 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
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN
255668 more like this
255669 more like this
star this property question first answered
less than 2019-05-21T14:42:59.907Zmore like thismore than 2019-05-21T14:42:59.907Z
unstar this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4039
unstar this property label Biography information for Joseph Johnson more like this
984568
star this property registered interest false more like this
star this property date less than 2018-10-09more like thismore than 2018-10-09
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name Treasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what estimate he has made of the contribution to the public purse of proposed changes to carried forward losses for insurance companies in each year from 2017-18 to 2021-22. more like this
star this property tabling member constituency Bootle more like this
star this property tabling member printed
Peter Dowd more like this
star this property uin 177339 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2018-10-15more like thismore than 2018-10-15
star this property answer text <p>Corporate interest restriction rules</p><p>Three changes to the original corporate interest restriction (CIR) rules have been announced since the measure was introduced.</p><p>Technical amendments to ensure the regime works as intended were announced at Autumn Budget 2017. These amendments are not expected to have an Exchequer impact in each year from 2017-18 to 2021-22. Further information can be found in the tax impact and information note (TIIN): <a href="https://www.gov.uk/government/publications/corporation-tax-amendments-to-the-corporate-interest-restriction-rules/corporation-tax-amendments-to-the-corporate-interest-restriction-rules" target="_blank">https://www.gov.uk/government/publications/corporation-tax-amendments-to-the-corporate-interest-restriction-rules/corporation-tax-amendments-to-the-corporate-interest-restriction-rules</a></p><p>Further technical amendments to ensure the regime works as intended were announced alongside the Finance Bill 2018-19. These amendments will not apply in 2017-18 and are not expected to have an Exchequer impact in each year from 2018-19 to 2021-22. Further information can be found in the TIIN: <a href="https://www.gov.uk/government/publications/corporation-tax-changes-to-the-corporate-interest-restriction-rules/corporation-tax-amendments-to-the-corporate-interest-restriction-rules" target="_blank">https://www.gov.uk/government/publications/corporation-tax-changes-to-the-corporate-interest-restriction-rules/corporation-tax-amendments-to-the-corporate-interest-restriction-rules</a></p><p>Technical amendments to a number of parts of the tax legislation, including the CIR rules, were also announced alongside Finance Bill 2018-19 in response to changes to the accounting treatment of leases. These amendments will not apply in 2017-18 and are expected to have a negligible impact on the Exchequer in each year from 2018-19 to 2021-22. Further information can be found in the TIIN: <a href="https://www.gov.uk/government/publications/income-tax-and-corporation-tax-response-to-accounting-changes-for-leasing/income-tax-and-corporation-tax-response-to-accounting-changes-for-leasing" target="_blank">https://www.gov.uk/government/publications/income-tax-and-corporation-tax-response-to-accounting-changes-for-leasing/income-tax-and-corporation-tax-response-to-accounting-changes-for-leasing</a></p><p> </p><p>Carried forward losses for insurance companies</p><p>Estimates approved by the Office for Budget Responsibility are not available.</p><p> </p><p> </p>
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride more like this
star this property grouped question UIN 177338 more like this
star this property question first answered
less than 2018-10-15T16:54:47.397Zmore like thismore than 2018-10-15T16:54:47.397Z
unstar this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
4397
unstar this property label Biography information for Peter Dowd more like this
771355
star this property registered interest false more like this
star this property date less than 2017-10-16more like thismore than 2017-10-16
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the level of incidences of collusion in the insurance industry between providers of home and contents insurance. more like this
star this property tabling member constituency Crewe and Nantwich more like this
star this property tabling member printed
Laura Smith more like this
star this property uin 107741 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2017-10-24more like thismore than 2017-10-24
star this property answer text <p>The government is committed to ensuring that the home insurance industry operates on a fair and competitive basis. The government works closely with the Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA). Both CMA and FCA have significant powers to deal with anti-competitive behavior. The government is confident that both regulators are effective in their assessment of the practices of the providers of home and contents insurance.</p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-10-24T10:38:07.067Zmore like thismore than 2017-10-24T10:38:07.067Z
unstar this property answering member
4095
star this property label Biography information for Stephen Barclay more like this
star this property tabling member
4648
unstar this property label Biography information for Laura Smith more like this
438580
star this property registered interest false more like this
star this property date less than 2015-12-15more like thismore than 2015-12-15
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 2 December 2015 to Question 17980, if his Department will consider publishing details of meetings with insurance industry representatives before the next return. more like this
star this property tabling member constituency Kingston upon Hull East more like this
star this property tabling member printed
Karl Turner more like this
star this property uin 20334 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2016-01-05more like thismore than 2016-01-05
star this property answer text <p>Treasury Ministers and officials meet with a wide range of companies and organisations to discuss relevant issues.</p><br /><p>As was the case with previous Administrations, it is not the Treasury’s practice to provide details of all such discussions.</p><br /> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2016-01-05T14:03:30.343Zmore like thismore than 2016-01-05T14:03:30.343Z
unstar this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
4030
unstar this property label Biography information for Karl Turner more like this
61348
star this property registered interest false more like this
star this property date less than 2014-06-11more like thismore than 2014-06-11
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Insurance Companies remove filter
star this property house id 1 remove filter
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how many businesses (a) applied for and (b) were granted authorisation as insurers in each of the last five years. more like this
star this property tabling member constituency Fareham more like this
star this property tabling member printed
Mr Mark Hoban more like this
star this property uin 200244 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2014-06-16more like thismore than 2014-06-16
star this property answer text <p>The Prudential Regulation Authority and the Financial Conduct Authority are responsible for overseeing the authorisation of insurance companies. The Treasury does not publish data on authorisations of insurance providers.</p><p> </p><p>This question has been passed on to the Financial Conduct Authority and the Prudential Regulation Authority, and they will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.</p><p> </p><p> </p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
less than 2014-06-16T16:05:53.3142795Zmore like thismore than 2014-06-16T16:05:53.3142795Z
unstar this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1414
unstar this property label Biography information for Mr Mark Hoban more like this