£28,000 returned to policyholders

The FSCS has given 28,000 return of premium payments to former policyholders of Gable Insurance.

The Financial Services Compensation Scheme (FSCS) has now made over 28,000 return of premium payments worth £8.3m to former policyholders of Gable Insurance.

The FSCS said in a statement on July 20 that it is continuing to work closely with the liquidator of Gable, insurance brokers and, where appropriate, the premium finance companies to agree and verify those premium refunds which remain outstanding.

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