Finance
UK motor insurance customers to get $270 million in claims, regulator says
UK motor insurance customers to get $270 million in claims, regulator says
Published by Global Banking and Finance Review
Posted on September 19, 2025
Published by Global Banking and Finance Review
Posted on September 19, 2025
(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)
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