Tag Archives: competition and markets authority

CMA blamed for rising claims inflation

The failure of the Competition and Markets Authority (CMA) to take action over the motor market is partly to blame for rising claims inflation, according to Covéa Insurance chief executive James Reader. The motor insurance market has been hit by rising claims inflation due to several factors including; the fact there are more cars on the road, the economic recovery, […]

Car hire firms to improve practices

Following an inquiry by the Competition and Markets Authority (CMA) that looked at insurance complaints, five of the biggest car hire firms in Europe have promised to act on customer complaints. The inquiry that was supported by the European Commission, revealed that motorists felt pressurised into buying excess insurance when picking up a car. Following the review, the car hire firms have agreed to […]

CMA publishes data review findings

The CMA has today published a report into the collection and use of consumer data. The report follows a call for information which was issued in January and draws on a range of evidence from businesses, consumers, regulatory bodies and academics, as well as research commissioned from DotEcon and Analysys Mason which is also published today. Consumer data is increasingly […]