Gov't Asks Regulator To Probe Insurance Costs After Grenfell

By Martin Croucher (January 28, 2022, 1:21 PM GMT) -- The government has called on the financial regulator to investigate crippling insurance costs for residents of high-rise residential blocks, in the wake of the fire at Grenfell Tower in London that claimed 72 lives.

Michael Gove, secretary of state for housing, communities and local government, asked the Financial Conduct Authority on Friday to investigate why insurance costs continue to rise "dramatically" despite progress in making such buildings safer.

Insurers have hiked premiums significantly since the 2017 disaster, when fire tore through Grenfell Tower, a 24-storey block of flats in west London. The fire was linked to flammable cladding on the side of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!