HC Deb 13 February 1970 vol 795 c440W
Mr. Oakes

asked the President of the Board of Trade if he is now satisfied that the reserves of the Midland, Northern and Scottish Insurance Company are adequate; and if he will lift his embargo on the issuing of new motor insurance policies by that company.

Mr. Mason

I am not satisfied that the reserves are adequate. Representations from the company on the matter are being considered.