Why the government should examine how all insurance prices are set

Price pressure

James Daley, managing director of consumer group Fairer Finance, argues the government task force to tackle motor insurance should consider the way the entire general insurance market works.

The creation of a new government task force to look at the cost of motor insurance should not come as a surprise to anyone who works in the industry. 

Affordability has become an ever greater problem

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Shares tumble following motor pricing and FCA action

In a repeat of what happened in January, the share prices of Admiral and Direct Line Group have taken a hit today as the Financial Conduct Authority and government announced action around motor insurance premium pricing.

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