Admiral rebuked by FCA over premium data

Admiral has been reprimanded by the UK Financial Conduct
Authority (FCA) for giving inaccurate information to customers in
renewal documentation.
The regulator said today that Admiral had included inaccurate
premium amounts in renewal documents, stating the previous
year's premium without including discounts given to
customers.
New rules introduced by the FCA in April require firms to
clearly show the insurance premium a customer paid the previous
year alongside their proposed renewal premium.
T