Sticking with the motor insurance theme it a news story on the BBC website caught my eye. In a move welcomed by the Association of British Insurers (ABI) it appears that the Competition Commission is going to be conducting a report into the motor insurance industry after the Office of Fair Trading (OFT) deemed it a ‘dysfunctional’ sector. The OFT stated that artificially high hire car and repair charges were contributing about £225,000,000 to motor insurance across the country.

You’ll find more on this story at: https://www.bbc.co.uk/news/business-18268650