Friday wasn't just meant to be the end of the world, it was also the day when insurers were banned from using a customer's gender to calculate insurance prices.
A plan to help 200,000 homes get affordable flood insurance was on the verge of collapse today, as storms continue to batter England and Wales, creating mayhem for households.
Huge numbers of consumers mis-sold card protection and ID fraud products are due their money back, after a firm was ordered to pay redress. Some will be owed hundreds of pounds.
Claims management companies (CMCs) should be banned from cold calling says charity Citizens Advice, after research revealed 90% of consumers have been pestered by calls, emails or texts by them.
The bill for mis-sold payment protection insurance (PPI) at Barclays soared to £2 billion today as claims against the banking giant continue to pile up.
Female insurance specialist Sheilas' Wheels is likely to cut prices for male drivers but raise costs for women when new rules banning the use of gender for setting insurance prices come into force.
The motor insurance industry is to face a full-blown investigation after competition watchdogs said the market wasn't working for consumers and found premiums were being pushed up by £225 million a year.
28 September 2012
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