UK watchdog slaps Lloyds with $124 million fine over home insurance renewals By Reuters

(Reuters) – Britain’s financial watchdog said on Thursday it has levied a fine of 90 million pounds ($124 million) on several insurance units of Lloyds Banking Group (LON:LLOY) for miscommunicating home insurance renewal policies to customers between 2009 and 2017.

($1 = 0.7264 pounds)