Insurers asked to repay state money they deducted from awards to pandemic-hit firms

Junior minister ‘hopes’ insurers give the money back but admitted the government has no means of enforcing that request

Seán Fleming, the junior minister at the Department of Finance, repeated his request to insurance companies who have stripped the value of state supports from compensation payments they have made to business to return that money to the state. Picture: Rollingnews.ie

Irish insurers have again been asked to return to the taxpayer millions of euro of state money which they’ve deducted from awards made to businesses affected by the pandemic.

Seán Fleming, the junior minister at the Department of Finance, today repeated his request to insurance companies who have stripped the value of state supports from compensation payments they’ve made to business to return that money to the state.

It follows revelations in the Business Post ...