UK Household Insurers, Banks Face Action for Overcharging Customers

Providers in the U.K.’s markets for cash savings, mortgages, insurance, mobile phone contracts and broadband are burdening customers with a “loyalty penalty” of around 4 billion pounds ($4.4 billion) a year, the Competition and Markets Authority said. Vulnerable people, including …

from News – Insurance Journal https://ift.tt/2A8WHiV