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Insurance: UK watchdog urged to clamp down on ‘abysmal’ claims handling


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Stories from ‘ripped off’ customers lead Which? to call for ‘meaningful action’ against firms that fall short

The consumer group Which? this week called on the regulator to clamp down on insurers that have been “ripping off” consumers with “abysmal” claims handling.

Having surveyed how customers have fared at the hands of insurers over the past three years – and unearthed some shocking stories – the consumer body has demanded that the Financial Conduct Authority take tough action against companies that fall short of the regulator’s required standards.

Continue reading…Stories from ‘ripped off’ customers lead Which? to call for ‘meaningful action’ against firms that fall shortThe consumer group Which? this week called on the regulator to clamp down on insurers that have been “ripping off” consumers with “abysmal” claims handling.Having surveyed how customers have fared at the hands of insurers over the past three years – and unearthed some shocking stories – the consumer body has demanded that the Financial Conduct Authority take tough action against companies that fall short of the regulator’s required standards. Continue reading…