The AA has warned that insurance premium tax could rise from 9.5% to 12.5% in next week's Budget announcement.
A rate of 12.5% would mean IPT would have increased by 108% in six months. A statement by the AA said: "If the Chancellor makes such a move, the AA has vowed to clearly show all its millions of members...
A Kent-based intermediary has said “all options are open” following a Brexit vote, as its parent company CBL Insurance said the firm could redomicile to Dublin.
RSA will appoint Isabel Hudson as non-executive board director this week.
The country’s top insurers saw shares fall on the second day of trading following the Brexit vote, despite efforts to calm the market.
An insurance saleswoman has been sentenced after a £31,500 commission scam in which she deliberately mis-sold large numbers of corporate health plan policies.