Posted on Feb 10, 2014
Lenders had hoped that the Court of Appeal ruling in Harrison v Black Horse had shut the door on PPI/unfair relationship claims. Particularly welcome was the ruling that compliance with an industry specific rule governing the sale of insurance (the “ICOB” rules) should effectively block any allegation of unfair relationship brought under the Consumer Credit Act 1974. However The Court of Appeal’s decision at the end of last year in the conjoined appeals of Conlon v Black Horse and Plevin v Paragon Personal Finance means this issue will remain in the legal limelight. Both cases involved the sale of a single premium PPI policy with the policy for Mrs Plevin being arranged by a broker.