Car insurance shares fall sharply

Shares inar insurance companies have fallen rapidly in light of the Ministry of Justice changing how personal claims are calculated.

Direct Line’s shares have dropped by 7%, and Admiral’s shares dropping by 3%.

Benjamin Brown QC told City News that this will due to high rises in premiums for the major insurance companies.

Ultimately this will lead to higher prices for customers across Hackney and Islington.

Headline

Shares inar insurance companies have fallen rapidly in light of the Ministry of Justice changing how personal claims are calculated.

Direct Line’s shares have dropped by 7%, and Admiral’s shares dropping by 3%.

Benjamin Brown QC told City News that this will due to high rises in premiums for the major insurance companies.

Ultimately this will lead to higher prices for customers across Hackney and Islington.

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