UK government demands FCA probe into high-rise property insurance pricing
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UK government demands FCA probe into high-rise property insurance pricing

Rachel Dalton
31 January 2022
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The UK government has written to the Financial Conduct Authority (FCA) requesting an urgent review of escalating pricing for insurance on medium- and high-rise blocks of flats.

Michael Gove, Secretary of State for levelling up, housing and communities, acknowledged the issue stems from insurers’ fears of a repeat of the Grenfell Tower tragedy.

He

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Topics

News Regulation FCA Property treaty Professional indemnity Financial and professional lines
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Rachel Dalton
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