Fair trading chiefs today launched a study into private motor insurance following big hikes in premiums in recent years, focusing on the high cost of repairs and replacement vehicles.
Payment protection insurance (PPI) mis-selling victims received a whopping £239 million redress in August, according to latest figures from the City watchdog.
Home repairs group HomeServe says it has halted telephone sales and will retrain nearly 500 call centre staff, after discovering possible mis-selling of its household emergency policies.
More banks have admitted they are failing to hit the 28-day deadline between agreeing a payment protection insurance (PPI) compensation figure and paying it.