The Financial Conduct Authority (FCA) has fined Liberty Mutual Insurance Europe almost £5.3mn ($6.8mn) for failures in its oversight of third-party claims and complaints handling by a retail coverholder over an almost five-year period.
The Financial Conduct Authority (FCA) has fined Liberty Mutual Insurance Europe almost £5.3mn ($6.8mn) for failures in its oversight of third-party claims and complaints handling by a retail coverholder over an almost five-year period.