Small Businesses: Time Limits — Written Question

Question

Helen Morgan

Liberal Democrat — North Shropshire

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that SMEs not party to (a) NFU Mutual and (b) Bath Racecourse litigation are not permanently deprived of the right to an indemnity due to the expiration of limitation pe

Answer

Lucy Rigby

The Financial Conduct Authority (FCA), as the independent regulator for financial services, sets the conduct standards required of insurance firms. This includes rules requiring insurers to handle claims fairly and promptly. The Supreme Court published it...

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