questionText: To ask the Chancellor of the Exchequer, what discussions she has had with the Financial Conduct Authority on the potential impact of insurers failing to proactively contact affected policyholders on the level of risk of limitation periods for Covid Business Interruption claims expiring.
answerText: The Government meets regularly with the Financial Conduct Authority (FCA) to discuss a variety of issues, including in relation to insurance markets. The FCA, as the independent regulator for financial services, sets the conduct standards required of insu...
heading: Business: Coronavirus