§ 92. Mr. Leadbitterasked the Secretary of State for Trade and Industry how many motorists have been deprived of insurance cover and part insurance cover due to insurance companies failing to meet their liabilities or going into liquidation during the past five years.
§ Mr. RidleyAbout 1,800,000, including policy-holders of the Vehicle and General group.
§ 93. Mr. Leadbitterasked the Secretary of State for Trade and Industry what representations have been made to him arising from motor insurance companies failing to meet their liabilities; and what steps he proposes to take to protect the insurance interests of motorists.
§ Mr. John DaviesI am aware of the anxiety on this matter. As I told the House on 2nd March, I am as is known making a general review of company law and this will embrace the whole state of the law as it concerns insurance companies.