UK motor insurance customers to get $270 million in claims, regulator says
Published by Global Banking & Finance Review®
Posted on September 19, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking & Finance Review®
Posted on September 19, 2025
1 min readLast updated: January 21, 2026
UK motor insurance customers will receive £200M in compensation after an FCA probe into historic commissions led insurers to revise claims processes.
(Reuters) - British motor insurance customers will receive 200 million pounds ($270 million) in compensation after a regulatory probe into historic commissions led insurers to revise their claims processes, the Financial Conduct Authority said on Friday.
($1 = 0.7416 pounds)
(Reporting by Prerna Bedi in Bengaluru; Editing by Sherry Jacob-Phillips)
British motor insurance customers will receive 200 million pounds ($270 million) in compensation.
The compensation follows a regulatory probe into historic commissions that led insurers to revise their claims.
The information was reported by Reuters, specifically by Prerna Bedi in Bengaluru.
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