British Motorists to Get £200 Million Compensation From Insurers

British insurance companies are paying £200 million ($270 million) to compensate motorists whose claims were underpaid, the Financial Conduct Authority said on Friday.

Insurers including Direct Line Insurance Group Plc and Admiral Group Plc are getting in touch with about 270,000 affected customers, according to the watchdog. About £129 million has already been paid out.