FSCS monitoring Gable

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The Financial Services Compensation Scheme (FSCS) has advised that it is "monitoring" Gable Insurance following it being placed into special administration.

However, the FSCS also noted that Gable is not in default and is still paying claims.

The FSCS statement read: "FSCS is aware of the situation with Gable Insurance. FSCS has not yet declared the firm in default. We understand the firm is in discussions with the regulator in its home country.

"We have been told by the special administrators

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