Straw vows to continue pushing 
on motor insurance premiums

Jack Straw

Transport Select Committee calls for multi-government department approach

When Jack Straw first introduced his private members bill on motor insurance regulation, it came in a period of soaring premiums and resulted in a wave of publicity.

At the time most of the focus was on referral fees, with the insurance industry coming under the spotlight for its “dirty little secret”.

In turn, brokers may have been bewildered by the constant analysis of the motor insurance industry by the powers that be. Over the past year the Ministry of Justice has moved to ban referral fees

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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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