Direct Line and Churchill hit with £2.17m FSA fine
The Financial Services Authority has imposed a £2.17m fine for failure by RBS owned Direct Line and Churchill to conduct their businesses with “due skill, care and diligence”.
The FSA said it had imposed on UK Insurance a financial penalty of £2.17m for the failings of Direct Line and Churchill for breach of principle 2 - skill, care and diligence - of the FSA's Principles
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