It also warned that it will take "enforcement action" against firms that break the law. The UK's Competition and Markets Authority (CMA) is investigating an unnamed insurance comparison site over concerns about its contractual arrangement with certain insurance providers. It is possible agreements between the comparison site and insurers may be obstructing policies appearing on other price comparison sites at a cheaper price. This potentially is causing UK consumers to pay more for their home insurance policies. A spokesperson from the CMA said: "We are aware of this issue but we have not received any complaints so far.
The UK's Competition and Markets Authority (CMA) is investigating an unnamed insurance comparison site over concerns about its contractual arrangement with certain insurance providers. It is possible agreements between the comparison site and insurers may be obstructing policies appearing on other price comparison sites at a cheaper price. This potentially is causing UK consumers to pay more for their home insurance policies. A spokesperson from the CMA said: "We are aware of this issue but we have not received any complaints so far.