LONDON (Reuters) - UK regulators launched an investigation of the motor insurance market on Friday, saying that competition was not working properly and was pushing up costs for consumers. The OFT ...

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days the business became synonymous ...

As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from ...