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<p>Treasury Ministers and officials have meetings with a wide variety of organisations
in the public and private sectors, including the financial services regulators, on
an ongoing basis.</p><p> </p><p>Insurers make commercial decisions about the pricing
of insurance based on their assessment on the likelihood and expected cost of a claim.
The Government does not intervene in these commercial decisions by insurers as this
could damage competition in the market.</p><p> </p><p>The Financial Conduct Authority
(FCA) is the independent regulator and responsible for supervising the insurance industry.
The FCA have introduced several reforms, including the Consumer Duty rules, to ensure
consumers are treated fairly in regard to pricing.</p>
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