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LETTERS : Dual pricing decision was forgone conclusion
Dual pricing decision was forgone conclusion
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Drake collapse could cost £50m
Drake Insurance’s crash into insolvency could eventually cost the insurance industry £50m, according to the Policyholders’ Protection Board. The PPB, which takes over the payment of claims for insolvent insurers, said it has paid more than £4m to Drake motor policyholders since the company’s collapse last May. But PPB claims ...