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Dublin: 2 °C Tuesday 12 November, 2019

#Insurance

From TheJournal.ie Insurance industry says it will engage with Central Bank probe into dual-pricing Insurance Costs

Insurance industry says it will engage with Central Bank probe into dual-pricing

Sinn Féin’s Pearse Doherty claims customers are being hit by a ‘loyalty penalty’.

From TheJournal.ie Poll: Should we hold a referendum on capping insurance payouts? Your Say This post contains a poll

Poll: Should we hold a referendum on capping insurance payouts?

Taoiseach Leo Varadkar suggested the idea of a referendum yesterday.

From TheJournal.ie Referendum on insurance payouts can't be ruled out if reforms don't work, says Varadkar Pay Outs

Referendum on insurance payouts can't be ruled out if reforms don't work, says Varadkar

The Taoiseach said the insurance industry must play its part in decreasing premiums.

From TheJournal.ie Five arrested following investigation into suspected bogus 'slips and falls' insurance claims Dublin

Five arrested following investigation into suspected bogus 'slips and falls' insurance claims

Search warrants were executed at a number of solicitor’s offices, gardaí said.

From TheJournal.ie Insurance firms accused of ‘breaking the law by not reporting fraudulent claims’ Price Hikes

Insurance firms accused of ‘breaking the law by not reporting fraudulent claims’

Sinn Fein’s Pearse Doherty told the companies they have a legal obligation to report suspicions of fraud.

From TheJournal.ie 'There's no excuse': Central Bank says some insurance firms not prepared for no-deal Brexit Brexit

'There's no excuse': Central Bank says some insurance firms not prepared for no-deal Brexit

Ed Sibley said overall the Irish financial system is resilient enough to withstand a hard Brexit.

From TheJournal.ie Finance Committee to investigate 'rip-off' dual pricing by insurance industry Insurance

Finance Committee to investigate 'rip-off' dual pricing by insurance industry

Sinn Féin TD Pearse Doherty said companies are punishing loyal customers when they renew their policies.

From TheJournal.ie New Central Bank rules to stop brokers accepting free golf trips and sports tickets from banks Crackdown

New Central Bank rules to stop brokers accepting free golf trips and sports tickets from banks

From March next year, brokers and financial adviser will also have to publish details of commissions they receive on their websites.

From TheJournal.ie Minister meets insurers in London to 'hopefully' entice them to 'rethink' position in Irish market Michael D'Arcy

Minister meets insurers in London to 'hopefully' entice them to 'rethink' position in Irish market

The departure of a major player in insurance for the leisure industry, in particular, has damaged Irish companies.

From TheJournal.ie Opinion: 'Insurance - short of wrapping our business in bubble wrap, there's nothing we can do to make it safer' Opinion

Opinion: 'Insurance - short of wrapping our business in bubble wrap, there's nothing we can do to make it safer'

Niall Roche writes about why he wants business owners affected by insurance costs to join together.

From TheJournal.ie 'We keep our local graveyard closed' - How the insurance crisis is hitting Ireland's communities Pin Of Their Collar

'We keep our local graveyard closed' - How the insurance crisis is hitting Ireland's communities

Almost half of community groups say they have had to cut activities due to insurance costs.

From TheJournal.ie The UK and Canada are cutting the cost of processing claims - why can't Ireland? Premium Price

The UK and Canada are cutting the cost of processing claims - why can't Ireland?

Part two of our Noteworthy probe into costly insurance premiums looks at legislative and procedural steps taken in other countries to tackle the issue.

From TheJournal.ie 'We're being fed this lie': Exposing the myths of Ireland's 'compo culture' Slip And Sue

'We're being fed this lie': Exposing the myths of Ireland's 'compo culture' Exclusive

Personal injury awards have been dropping despite suggestions that out-of-control claims are feeding prices.

From TheJournal.ie Leisure centre in Kildare forced to close as it struggles to secure insurance Spin Activity Centre

Leisure centre in Kildare forced to close as it struggles to secure insurance

Spin Activity Centre said it was “extremely saddened and frustrated” that it was forced to close.

From TheJournal.ie Insurance 'Green Card' no longer needed to drive in North in event of no-deal Brexit Insurance

Insurance 'Green Card' no longer needed to drive in North in event of no-deal Brexit

It had previously been warned that the cards would be required after the UK left the EU.

From TheJournal.ie Consumer watchdog to probe pricing of public liability insurance HIGH PREMIUMS

Consumer watchdog to probe pricing of public liability insurance

The Competition and Consumer Protection Commission is to probe into the increasing levels of public liability insurance premiums.

From TheJournal.ie Longford greyhound track closes after 80 years citing rising insurance costs Closing

Longford greyhound track closes after 80 years citing rising insurance costs

The greyhound industry has faced major scrutiny in recent weeks.

From TheJournal.ie Where in the country are the most personal injury claims awarded? Insurance

Where in the country are the most personal injury claims awarded?

Most personal injury claims go through PIAB and it has released a geographical breakdown of the awards made last year.

From TheJournal.ie 'In Germany we are not used to the claim culture': Dublin Oktoberfest event cancelled due to insurance cost

'In Germany we are not used to the claim culture': Dublin Oktoberfest event cancelled due to insurance cost

The festival was scheduled to take place on George’s Dock, beside the IFSC, from Friday 14 September until Saturday 6 October.

From TheJournal.ie Minister sought guarantee for premium reductions but told 'it would be difficult to persuade insurers' Insurance Reform

Minister sought guarantee for premium reductions but told 'it would be difficult to persuade insurers'

Minister Michael D’Arcy has held meetings with various parties over the issue of insurance in recent months.

From TheJournal.ie Imitation firearms, smart phones and computers seized by gardaí in Dublin area Fraud

Imitation firearms, smart phones and computers seized by gardaí in Dublin area

Gardaí have been investigating fraud related insurance ghost brokering activities throughout the State.

From TheJournal.ie The cost of motoring has come down - but not for everyone Pumping It

The cost of motoring has come down - but not for everyone

Insurance and petrol costs are the biggest factors.

From TheJournal.ie FactCheck: Are 20% of personal injury insurance claims in Ireland fraudulent or exaggerated? Factcheck

FactCheck: Are 20% of personal injury insurance claims in Ireland fraudulent or exaggerated?

Members of the insurance industry have claimed that fraud is part of the reason for high premium costs.

From TheJournal.ie The Explainer: Why are your insurance premiums increasing by so much? Podcast

The Explainer: Why are your insurance premiums increasing by so much?

And what can be done to fix the industry?

From TheJournal.ie Government accused of 'washing its hands' of pledge to publish insurance claims database Michael McGrath

Government accused of 'washing its hands' of pledge to publish insurance claims database

The Central Bank is to publish its report on the database later this year – but it was meant to have been set up at the end of 2018.

From TheJournal.ie 'It's time we called out the insurance industry': Courts figures show drop in number of personal injury cases Premiums

'It's time we called out the insurance industry': Courts figures show drop in number of personal injury cases

Awards in medical negligence cases in the High Court were also down last year.

From TheJournal.ie Regina Doherty says Taoiseach 'between a rock and a hard place' over Maria Bailey swing fall review Swing-gate This post contains videos

Regina Doherty says Taoiseach 'between a rock and a hard place' over Maria Bailey swing fall review

The Taoiseach has said he cannot publish the report as those involved in the review spoke on condition it would not be published.

From TheJournal.ie Insurance companies quizzed about why they aren't reporting fraudsters to the gardaí Premiums

Insurance companies quizzed about why they aren't reporting fraudsters to the gardaí

Insurance premiums will fall if the cost of claims in Ireland falls, insurance companies told an Oireachtas committee today.

From TheJournal.ie Dáil told insurance profits have jumped more than 1000%, but government says it's being 'as aggressive as it can be' Insurance Fraud

Dáil told insurance profits have jumped more than 1000%, but government says it's being 'as aggressive as it can be'

Sinn Féin’s Pearse Doherty said customers are being ‘fleeced’ by insurance providers.

From TheJournal.ie The 9 at 9: Sunday 9 At 9

The 9 at 9: Sunday

Here’s everything you need to know as you start your day.

From TheJournal.ie Poll: Should there be a cap on personal injury claims? Your Say This post contains a poll

Poll: Should there be a cap on personal injury claims?

The Law Reform Commission is looking into the topic.

From TheJournal.ie 'We're satisfied with the result': Dean Hotel confirms Maria Bailey has officially withdrawn case Insurance

'We're satisfied with the result': Dean Hotel confirms Maria Bailey has officially withdrawn case

Fine Gael announced yesterday it will launch an internal review of the case.

From TheJournal.ie Dublin adventure centre forced to remove some equipment over 'enormous' insurance hike Fort Lucan

Dublin adventure centre forced to remove some equipment over 'enormous' insurance hike

Fort Lucan’s general manager said that the company’s insurance premium has doubled since 2015.

From TheJournal.ie Fine Gael reacts to 'car crash' Maria Bailey interview: 'I think she did herself a disservice this morning' Swing-gate

Fine Gael reacts to 'car crash' Maria Bailey interview: 'I think she did herself a disservice this morning'

TD Maria Bailey defended taking a claim against a hotel after falling off a swing.

From TheJournal.ie 'This is a disgrace': Second Meath adventure firm faces closure due to 'ridiculous' insurance hike Insurance

'This is a disgrace': Second Meath adventure firm faces closure due to 'ridiculous' insurance hike

Boyne Valley Activities said there was a 400% hike on its premium since 2013 despite the fact that it has not made any claims.

From TheJournal.ie Insurance Ireland 'confident' over online data system despite EU Commission investigation Car Insurance

Insurance Ireland 'confident' over online data system despite EU Commission investigation

The EU Commission announces yesterday that it will investigate whether Insurance Ireland practices are restricting competition.

From TheJournal.ie European Commission to investigate whether Insurance Ireland is operating a cartel Insurance

European Commission to investigate whether Insurance Ireland is operating a cartel

Insurance Ireland said it is confident its practices are fully compliant with competition law.

From TheJournal.ie Summer festivals at risk of being cancelled as rocketing insurance premiums throw them into doubt SUMMER IS CANCELLED

Summer festivals at risk of being cancelled as rocketing insurance premiums throw them into doubt

A Mayo festival has seen its insurance premium jump from €6,500 to €25,000 in just three years.

From TheJournal.ie Couple received €40,000 after insurer tried to reject storm damage claim Financial Services Ombudsman

Couple received €40,000 after insurer tried to reject storm damage claim

There were 5,692 complaints made to the financial services ombudsman last year – one third of those about insurance.

From TheJournal.ie Opinion: Claims culture is out of control - as play centres close due to being sued for kids falling Opinion

Opinion: Claims culture is out of control - as play centres close due to being sued for kids falling

Kids fall, that is what they do, it can happen anywhere. If they fall at Granny’s – do we sue the pants off Granny?

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