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1564449
registered interest false more like this
date less than 2023-01-06more like thismore than 2023-01-06
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: Racial Discrimination 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, whether his Department has made an assessment of potential trends in the level of discrimination of people from ethnic minority backgrounds in the provision of insurance. more like this
tabling member constituency Warley remove filter
tabling member printed
John Spellar more like this
uin 117453 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2023-01-11more like thismore than 2023-01-11
answer text <p>Under the Equality Act 2010 insurers cannot use ethnicity as a risk factor when determining the price of insurance. Insurers must treat customers fairly under the Financial Conduct Authority’s (FCA) rules and the FCA has powers to act against firms that fail to comply.</p><p> </p><p>The Treasury met with insurance companies following the Citizens Advice report on the ‘ethnicity penalty’ published in March 2022 and will continue to engage with the insurance industry and the regulator on this important issue.</p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-01-11T15:53:44.993Zmore like thismore than 2023-01-11T15:53:44.993Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
318
label Biography information for John Spellar more like this