HC Deb 12 November 1971 vol 825 c283W
Mr. Carter

asked the Secretary of State for Trade and Industry if he is satisfied that the records and accounts of all motor insurance companies are in such a condition that should any of them go into liquidation policyholders can obtain verification to their entitlement and qualification to a no-claims bonus; and if he will make a statement.

Mr. Ridley:

The Insurance Companies Acts do not give me power to regulate policy conditions, such as those dealing with entitlement to a no-claims bonus. I do not therefore possess information about the records of no-claims bonuses kept by motor insurance companies.