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Tuesday, 20 January 2015

CMA consults on draft motor insurance order

The Competition and Markets Authority has published a draft order setting out how changes resulting from its investigation into private motor insurance will be introduced.
The draft order provides detailed information on how these changes are to be introduced and monitored. The CMA is inviting comments on the draft until 6 February 2015 and will look to publish the final order in March. Later (27 February) the CMA specifically consulted on whether to extend the time for implementation of the remedy giving consumers better information on no-claims bonus protection from September 2015 to August 2016.
The draft order, explanatory note and all other information relating to the investigation can be found on the investigation’s case page.

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