A question on #Insurance #Standards tabled by Helen Morgan on 18-06-2025 has been answered by Emma Reynolds.

Heading: Insurance: Standards
Question ID: 1814147
UIN: 61023
House: Commons
Date tabled: 2025-06-18
Asking Member ID: 4934
Asking Member display name: Helen Morgan
Asking Member handle: helenmorganmp
Asking Member Twitter reference: @helenmorganmp
Member interest: false
Question text: To ask the Chancellor of the Exchequer, what steps she is taking to ensure insurers (a) settle claims and (b) proceed litigation as (i) quickly and (ii) cheaply as possible.
Is named day: false
Date of holding answer:
Date answered: 2025-06-24
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4077
Answering Member display name: Emma Reynolds
Answering Member handle: emmaforwycombe
Answering Member Twitter reference: @emmaforwycombe
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Financial Conduct Authority (FCA) is the independent body responsible for regulating and supervising the financial services industry, and sets the conduct standards required of insurance firms. Under FCA rules, insurers must handle claims fairly and p...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true