Time for real action on insurance crisis

The government is today warning again that a referendum may be held to cap personal injury payouts as a means of reducing the high cost of insurance faced by businesses and consumers alike

The government is today warning again that a referendum may be held to cap personal injury payouts as a means of reducing the high cost of insurance faced by businesses and consumers alike.

Writing in these pages, Junior Michael D’Arcy, Minister of State at the Department of Finance, has again raised the prospect of a referendum on the matter being held “as a last resort”.

It’s a proposal that has been floated for ...