FCA sounds alarm over Brexit, misconduct, and data usage

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The Financial Conduct Authority (FCA) has reiterated concerns surrounding Brexit, non-financial misconduct, and data usage in its annual assessment of the general insurance sector.

The FCA also highlighted dual pricing in personal lines, which cost consumers £1.2bn in 2018, as a major cause of financial harm across all markets its regulates.

Christopher Woolard, executive director of strategy and competition at the FCA and interim chief executive, commented on the report: “We are committed to

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