FSCS GI provision payments increase by £10m
The Financial Services Compensation Scheme paid out £90m in the general insurance provision class during 2013/14 - a £10m increase on the previous year, according to its annual report.
New claims for general insurance increased from 10 766 in 2012/13 to 14 328 in 2013/14.
Overall the FSCS paid out £234m in compensation for the year. Total claims received dropped from 62 000 the
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