HC Deb 26 March 1971 vol 814 cc240-1W
Mr. Dell

asked the Secretary of State for Trade and Industry what discussions he has had with the British Insurance Association since the collapse of the Vehicle and General Insurance Company; and if he will make a statement.

Mr. Ridley

My right hon. Friend is discussing with the Association possible means by which it can contribute towards giving greater confidence to the public who take out policies of motor insurance. The Association announced on 25th March that it had decided to establish a special fund to assist passengers who have been injured in traffic accidents where the driver responsible was entitled to indemnity under a motor insurance policy issued in the United Kingdom by the Vehicle and General Insurance Company or any of its subsidiaries which have gone into liquidation.