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Shares under pressure as government, FCA probe car insurance

By Abigail Townsend

Date: Wednesday 16 Oct 2024

(Sharecast News) - Shares in UK motor insurance firms fell on Wednesday, after two investigations into the sector were announced simultaneously.
The Financial Conduct Authority is opening a competition market study into premium finance, which allows people to pay for motor and home insurance in instalments.

It will assess if...

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