Recommendation 30

MHCLG told us that it was bringing forward statutory changes to ban insurance brokers from paying commissions to freeholders and managing agents, and capping what freeholders can charge leaseholders for arranging insurance.51 MHCLG told us that the risk–pooling arrangements it had brokered with the insurance industry to reduce rates had not yet had the impact it hoped on reducing the most extreme premiums. It recognised that “while dents have been made”, the problem of high insurance premiums was not yet resolved and there was more it could do. In its Plan, MHCLG said it was considering whether, for the duration of its remediation programmes, government might support the industry to reduce “unaffordably high” insurance bills.52