§ Brian CotterTo ask the Secretary of State for Work and Pensions what discussions his Department has had with the Office of Fair Trading on the introduction of compulsory notice renewal periods for liability insurance; and if he will make a statement. [127832]
§ Mr. BrowneWe continue to be in discussion with the Office of Fair Trading on all aspects of Employers' Liability Compulsory Insurance. In relation to renewals the Government were pleased to see the introduction by the Association of British Insurers and the British Insurance Brokers' Association of new guidance to insurers and brokers on renewals. The guidance included a recommendation for providing policy holders with at least 21 days notice of their renewal terms. In the first instance the Government will look to see the response of the industry to this guidance.