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Home and motor premiums experience ‘stark’ uptick following FCA rule change

By 2022-02-24T15:43:00

price increase

Market research firm finds that premiums in these lines of business have experienced the biggest one-month jump in eight years as a result of the FCA eliminating price walking

The FCA’s general insurance pricing reform, which came into effect from 1 January 2022, has led to the biggest month-on-month increase in home and motor insurance premiums in over eight years, according to exclusive analysis from market research firm Consumer Intelligence.

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