Small Businesses: Time Limits
Commons · Question 122587 · Tabled 20 Mar 2026 · Treasury · Official record
Answered 30 Mar 2026
Question
Asked by Helen Morgan
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that SMEs not party to (a) NFU Mutual and (b) Bath Racecourse litigation are not permanently deprived of the right to an indemnity due to the expiration of limitation pe
Answer
Answered by Lucy Rigby, 30 Mar 2026
The Financial Conduct Authority (FCA), as the independent regulator for financial services, sets the conduct standards required of insurance firms. This includes rules requiring insurers to handle claims fairly and promptly. The Supreme Court published it...