Competition and Markets Authority News

U.K. regulators banned car insurers from making agreements with price comparison websites, saying it limits competition and increases premiums. The agreements stop insurers from making their products available more cheaply on other online platforms, the Competition and Markets Authority said …

U.K. insurers should have a cap placed on the cost of replacement cars for drivers at fault for accidents to help reduce insurance premiums, the country’s Competition and Markets Authority said in a draft opinion today. Insurers should give consumers …