Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
Following the FCA’s announcement today (28 May 2021) that the regulator has published its policy statement confirming its proposals for tackling price walking in the home and motor insurance markets, Insurance Times hears that while most market commentators welcome the changes, challenges still remain that are putting a strain on the sector.
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