advertisement

Insurance Companies Raided As Part Of Competition Watchdog Investigation

Officials from the Competition Watchdog have raided a number of insurances companies and brokers as part of an investigation into price fixing.

Officers from the Competition and Consumer Protection Commission carried out the raids this morning.

- Advertisement -

Last September the CPCC launched an investigation into the industry amid concerns that companies were openly signaling price increases in breach of competition law.

A number of industry groups were issued with witnesses summons at the time.

advertisement
advertisement
advertisement