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Isle of Man Bank's underwriter to stop insuring Island homes

An insurance underwriter for Isle of Man Bank says it'll no longer offer home insurance on the Island.

UK insurance has been writing to Isle of Man Bank customers to reveal it's pulling out of the Crown Dependencies home insurance markets.

In the letter, it says it won't be offering home policies in the Isle of Man or the Channel Islands.

And it adds householders will have to find alternative cover in future.

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