ABI criticises household levy

The Association of British Insurers has hit out over reports that the government is planning a £3 lev...

The Association of British Insurers has hit out over reports that the government is planning a £3 levy on household insurance policies to raise funds for victims of crime. It has described the proposal as costly and inefficient. John Parker, head of general insurance at the ABI, said: "More than one in five households still don't have contents insurance and putting up the cost is the last thing the government should be doing."

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