Lords appoints special committee on Insurance Bill

Gavel

Committee has called for evidence on the Bill.

The House of Lords has appointed a special public bill committee on the Insurance Bill.

The Insurance Bill was introduced by government with the aim of updating the 100 year-old rules governing contracts between businesses and insurers.

The committee has published a call for evidence asking for views on the Bill and any other matter that could be considered relevant by 27 November.

The Bill tackles a range of issues including making new provision about insurance contracts and amending the Third

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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