HC Deb 05 March 1971 vol 812 c553W
Mr. Arthur Lewis

asked the Secretary of State for Trade and Industry whether, in view of the continuing failures of insurance companies in general and the Vehicle and General in particular, he will now appoint a committee of inquiry to investigate all matters pertaining to insurance of road vehicles and the reliability of insurance companies.

Mr. John Davies

As I stated in the House on 2nd March, in the review of company law which I am undertaking I will not exclude the law relating to insurance companies. I am considering an inquiry under Section 165 of the Companies Act, 1948, in relation to Vehicle and General but I am not convinced of the need to appoint a committee of inquiry such as the hon. Member suggests.

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