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FCA

More than £47m of car insurance claims rejected

Over £47 million worth of motor insurance claims were rejected during the second half of 2021, new research has found.

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By SWVaux Staff, 2 years ago

Insurers warned they must offer fair settlements when cars are written off

The Financial Conduct Authority (FCA) said it has seen evidence some people left with written-off cars after an accident are being offered a price lower than the vehicle’s fair market value by their insurance providers.

By Motoring News Aggregator, 3 years2 December 2022 ago

Insurance reforms have seen rapid acceleration in price of car premiums

At the start of 2022, new rules were put in place to stop insurers charging higher prices to loyal customers who automatically renewed their premiums each year, with discounts only offered to new customers.

By SWVaux Staff, 3 years20 January 2022 ago
silver and gold coins on white printer paper

Insurance renewals can no longer be more expensive than deals for new customers

The new rules are being brought in by the Financial Conduct Authority (FCA) and are expected to save consumers £4.2 billion over the next 10 years.

By SWVaux Staff, 3 years30 December 2021 ago

Higher insurance premiums for loyal customers banned by regulator

New rules are to be introduced to stop car and home insurers from imposing so-called loyalty penalties on customers, the financial watchdog has announced.

By SWVaux Staff, 4 years28 May 2021 ago

PSA and FCA shareholders agree to merger

Shareholders of Fiat Chrysler and PSA Peugeot decisively voted to merge the US-Italian and French manufacturers to create the world’s fourth-largest car company.

By SWVaux Staff, 4 years5 January 2021 ago

PSA-FCA merger set for EU approval

Groupe PSA (PSA) and Fiat Chrysler Automobiles (FCA) are reportedly set to win EU approval for their merger and create ‘Stellantis’.

By SWVaux Staff, 5 years26 October 2020 ago

How big are the loyalty penalties paid by home and motor insurance customers?

Loyal home and motor insurance customers could find themselves paying significantly more than new customers, the City regulator has found.

By SWVaux Staff, 5 years22 September 2020 ago

Groupe PSA and FCA merger will be called Stellantis

Groupe PSA and Fiat Chrysler Automobiles have revealed that the corporate name of their new merger will be #STELLANTIS

By SWVaux Staff, 5 years16 July 2020 ago

EU Antitrust Regulators Concerned About FCA-PSA Merger

Fiat Chrysler Automobiles and France’s PSA Group announced last October intentions to combine the automakers into one massive conglomerate, and since then, it’s been smooth sailing through the regulatory process — until now.

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By SWVaux Staff, 5 years8 June 2020 ago

EU Regulators Looking To Clear FCA-PSA Merger By June 17

Antitrust regulators in the European Union will make a determination on June 17 whether or not to clear the $50 billion merger between Fiat Chrysler Automobiles and PSA Group, Reuters reports.

By SWVaux Staff, 5 years13 May 2020 ago

FCA And PSA Boards Sign Off On $50 Billion Merger

The boards of PSA Group and Fiat Chrysler Automobiles (FCA) have each approved a binding agreement for a $50 billion merger, Reuters reports.

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By SWVaux Staff, 6 years ago

FCA-PSA Merger Could Put European Factories In Danger

Despite Fiat Chrysler Automobiles and PSA Group saying that their merger will not affect any manufacturing facilities, a report surfaced saying that factories in Europe are likely to come under heavy strain.

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By SWVaux Staff, 6 years ago

Fiat Chrysler confirms merger talks with PSA group

Italian-American firm Fiat Chrysler Automobiles has confirmed that it is in talks with French rival PSA – which owns Vauxhall – over a tie-up to create one of the world’s biggest carmaker.

By SWVaux Staff, 6 years30 October 2019 ago

Car insurance regulator launches pricing investigation

The UK’s financial regulator has confirmed that it will investigate the way in which firms charge their customers for home and motor insurance.

By SWVaux Staff, 7 years5 November 2018 ago

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