Monday August 10, 2020

Small firms warn of an insurance cost crisis

FTAI calls for €40,000 award to injured hillwalker to be reviewed

18th April, 2016
Small firms are facing higher insurance costs

Meanwhile, the Freight Transport Association of Ireland (FTAI) has warned that a recent award of €40,000 in damages to an injured hill walker would have a negative impact on insurance premiums and should be reviewed by the Court of Appeal. It said the award, against the National Parks and Wildlife Service, was "excessive, setting a precedent for future claims and ultimately forcing insurance premiums to rise".

The SFA said that the frequency of claims has...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

In Kildare, many are grateful that the lockdown isn’t a return to square one, but there is anger that actions weren’t taken to prevent it in the first place

Barry J Whyte | 1 day ago

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 2 weeks ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago