Insurance industry the only good news at FSCS
The Financial Services Compensation Scheme has said it expects no further levy on insurers or brokers this financial year, having made "significant" recoveries from a number of estates.
The scheme's half year report stated:In reference to insurance brokers: "To date the FSCS has only been involved with two failures in the insurance broking sectors, Whiteley Insurance Consultants andOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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