Insurance Post

Ombudsman: PPI claims reach 2000 a day

complaints

Payment protection insurance claims multiplied almost two and a half times in the second half of 2012 according to figures from the Financial Ombudsman Service.

The Ombudsman said that 74% of its complaints related to PPI, with 211 885 lodged for the six month period.

By comparison, the first half saw only 85 562.

The greatest volume related to Lloyds TSB

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