Keep up to date with the latest insurance and finance news in our weekly round-up…

 

Deal reached ‘in principle’ for Wrightbus sale

Bidder Jo Bamford said agreement had been reached with “the Wright family for the Wrightbus factory and land.”

Thomas Cook directors to be questioned by MPs over collapse

Former directors of Thomas Cook will face questions from MPs next week about their pay and stewardship of the company, as an inquiry into the tour operator’s dramatic implosion gets underway.

Green and ethical investment soaring

Investment into the UK’s green and ethical funds will have jumped by almost a quarter by the end of 2019 in comparison to last year, estimates by the EIRIS Foundation suggest.

Prudential plans to boost life insurance prices for vapers

Prudential, one of the largest US life insurers, plans to tweak its policy for customers who vape, saying that they’ll be classified as smokers instead of non-smokers when applying for individual coverage.

AA share price knocked as FCA warns insurers it could ban loyalty premiums

The UK’s financial watchdog may ban loyalty premiums for customers who renew their home and motor insurance as it outlined a raft of possible remedies to address market competition issues.

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