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.
(more…)Over £47 million worth of motor insurance claims were rejected during the second half of 2021, new research has found.
(more…)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.
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.
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.
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.
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.
Groupe PSA (PSA) and Fiat Chrysler Automobiles (FCA) are reportedly set to win EU approval for their merger and create ‘Stellantis’.
Loyal home and motor insurance customers could find themselves paying significantly more than new customers, the City regulator has found.
Groupe PSA and Fiat Chrysler Automobiles have revealed that the corporate name of their new merger will be #STELLANTIS
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.
(more…)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.
The boards of PSA Group and Fiat Chrysler Automobiles (FCA) have each approved a binding agreement for a $50 billion merger, Reuters reports.
(more…)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.
(more…)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.
The UK’s financial regulator has confirmed that it will investigate the way in which firms charge their customers for home and motor insurance.