Insurers feel heat over rocketing premiums as injury awards fall
A new report shows that personal injury awards fell by 9 per cent between 2013 and 2017 while insurance costs skyrocketed by about 70 per cent over a similar period
Insurers are facing fresh demands to slash premiums and explain the soaring cost of cover, with a new report showing that personal injury awards fell by 9 per cent while insurance costs skyrocketed in recent years.
A report compiled by the Department of Justice (DoJ), which has been seen by The Sunday Business Post, showed that the total amount awarded for personal injury payouts dropped by 9.1 per cent between 2013 and 2017.
CSO figures show that the cost...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Susan O’Keeffe: We must work to turn Biden’s love of Ireland into tangible benefit
With the new US president one of the last Irish-American political heavyweights, we must ensure that our relationship with the US is ready for the future, not stuck in the past
Noelle O’Connell: Why Michel Barnier is our European of the Year
European Movement Ireland honours the EU’s lead Brexit negotiator for his understanding, diplomacy and persistence
Comment: CETA offers us the hand-rolled cigarette of international investment law
Ireland uniquely positioned among EU members to reject international investment rules, and should 'just say no'
Comment: 2021 must be the year to fix higher education funding
Solving the sector’s funding problem has the potential not only to contribute to our post-pandemic recovery but to underpin the next decade and more of growth