§ Mr. Leadbitter
asked the President of the Board of Trade what steps he proposes to take to protect the policy holders of the Fire, Auto, and Marine Insurance Company Limited; and if he will seek to amend the law to provide for a stricter financial qualification to set up motor insurance businesses in the future.
§ Mr. Darling
Announcements have been made advising policy-holders of this company to take out new insurance policies immediately for their own protection. I am considering what amendments to the Insurance Companies Act, 1958, may be desirable.