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UK insurers told by regulator to improve handling of motor insurance claims

( July 22, 2025, 09:07 GMT | Official Statement) -- MLex Summary: UK insurers have been told by the UK's financial sector regulator to improve their handling of motor insurance claims. The Financial Conduct Authority said it was engaging with specific firms that showed poor practice, without providing further details. The watchdog also said external cost pressures, including higher prices for cars, parts, labour, energy and more complex supply chains, were primarily to blame for recent motor premium increases, not increased firm profits.Documents are attached....

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