Alliance for Insurance Reform | Business Post

Insurance reform group urges government to speed up delayed legal costs report

Alliance for Insurance Reform said businesses are waiting on the state to address how legal costs drive up insurance premiums more than ten years

New levy will push up insurance costs for motorists and businesses

Central Bank’s new regulations will allow it to recoup some of the money used for running the National Claims Information Database from insurers, who will pass the levy on to customers

Two in five organisations say insurance is threatening their future

Almost one in three said the costs are impacting their ability to grow their businesses

‘Fabric of society’ won’t recover from Covid unless high insurance costs addressed

Alliance for Insurance Reform tells Oireachtas committee new bill to reform insurance only ‘tweaks’ existing arrangements and that reforms are happening too slowly

Personal injury legal challenges ‘must be dealt with urgently’

Insurance reform advocates appeal for clarity after five constitutional challenges launched to personal injury guidelines introduced earlier this year

Insurers to pick and pay ‘independent’ overseers

The result of a dropped five-year investigation by the CCPC into insurance industry practices is being heavily criticised

Analysis: Business insurance is still profitable, contrary to industry group’s claims

Insurance Ireland and the Alliance for Insurance Reform have taken different interpretations of the data in the Central Bank’s latest report on the sector

Covid insurance claims: ‘I would like to see the Central Bank back the small guy’

As the Central Bank remains silent on pandemic insurance claims, company owners are looking in frustration at Britain, where business interruption claims are being supported far more robustly by the state regulator

Central Bank says it may look to extend pandemic insurance decisions to more businesses

The regulator will assess judgments on pandemic business interruption claims to see if they can be used to benefit customers more widely

Thousands of PIAB cases to be assessed under new guidelines

Some 19,000 cases currently with the PIAB will be subject to the revised guidelines adopted by the Judicial Council

Reduction in personal injury awards does not go far enough, businesses claim

Judicial Council voted to reduce minor awards while raising rate for catastrophic injuries, but did not agree to the 80 per cent reduction sought by business owners