News in Brief

Bradford-based National Breakdown has teamed up with Donald Insurance in Halifax to launch a commercial solution for HGV and fleet owners. The combined fleet and HGV insurance offering provides cover for goods in transit, property, liability and breakdown in one policy. Carolyn Bowe, director of National Breakdown, said: "Breakdown has long been included in domestic and light goods vehicle policies, however an HGV version of breakdown is more complex and specialist. We have worked hard to build

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FCA trims broker fees hike to 9.3%

The Financial Conduct Authority has confirmed it is raising the financial contribution of the general insurance mediation fee block by 9.3% for 2024/25, down from its initial projection of a 9.8% increase.

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