Hike in Motor Premiums Sparks Fair-Trading Inquiry

The HeraldDecember 15, 2011

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Summary


Fair-trading chiefs have launched a study into private motor insurance following big hikes in premiums.

Announcing the study yesterday, the Office of Fair Trading (OFT) said evidence it had gathered suggested insurance premiums in the UK had risen around 12% between 2009 and 2010.

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Extract


Hike in Motor Premiums Sparks Fair-Trading Inquiry

The OFT said it also believed premiums had gone up by a further 9% in the first nine months of this year.

It added a k...

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