Tag: Britain to set time limit for insurance mis-selling claims

Insurance

Britain to set time limit for insurance mis-selling claims

Britain’s financial regulator is to impose a two-year deadline for customers to claim compensation for mis-sold loan insurance, drawing a line under Britain’s costliest consumer finance scandal. Banks have already set aside more than 28 billion pounds($42.41 billion) to compensate customers for mis-sold payment protection insurance (PPI) policies. These were […]