§ Mr. Clinton Davisasked the Secretary of State for the Environment in how many cases the Motor Insurers Bureau has sought to be indemnified by drivers holding policies with insurance companies which have collapsed financially in respect of payments made by the Motor Insurers Bureau in each of the years 1960–70.
§ Mr. PeytonI am informed that during the years mentioned the Bureau has paid about £4 million to third parties where policies have become ineffective through the collapse of the issuing company. It is not the normal practice of the Bureau to exercise its rights of recovery, but it has done so occasionally where the company would itself have been so entitled. Such recoveries amounted to £1,475 all of which was paid over to the liquidators.