UK Insurers Pay Out Record £2.54B Amid Rising Repair Costs

By Sam Tabahriti (November 29, 2023, 12:44 PM GMT) -- Insurers in Britain paid out a record £2.54 billion ($3.22 billion) in motor insurance claims in the third quarter of 2023, a 21% rise since the same period last year, the Association of British Insurers reported on Wednesday....

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