No date set for conclusion of motor insurance probe

In July last insurance firms, brokers and representative body Insurance Ireland were raided as part of an investigation

The competition watchdog has held 54 witness summons hearings and obtained over 1.4 million emails and documents from motor insurers being investigated in relation to suspicions of alleged “price fixing” and “cartelism”.

In July last insurance firms, brokers and representative body Insurance Ireland were raided as part of an investigation, with dozens of officers from the Consumer and Competition Protection Commission (CCPC) and the European Commission’s Competition Directorate entering their offices accompanied by ...