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Motor premiums plunge by over 10%

The average annual comprehensive car insurance policy fell by 12.4% over the 12 months ending 30 September, according to the AA British Insurance Premium Index.

PPI complaints top one million

The Financial Ombudsman Service (FOS) has now received over one million complaints about payment protection insurance (PPI), with the majority of them being in relation to the mis-selling of policies.

Oval enjoys 34% profit rise

Oval Insurance Broking saw its profit jump by more than a third to £12.5m for the year ended 31 May 2013, up on the £9.3m recorded the previous year.

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