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Wednesday 21 October 2020
Accounts show the aqua dome is loss-making eight months of the year.
The rules mean that insurers must also extend their renewal notification period from 15 to 20 working days.
Sinn Féin TD Pearse Doherty said companies are punishing loyal customers when they renew their policies.
The Central Bank is to publish its report on the database later this year – but it was meant to have been set up at the end of 2018.
Awards in medical negligence cases in the High Court were also down last year.
Insurance premiums will fall if the cost of claims in Ireland falls, insurance companies told an Oireachtas committee today.
Strict new coronavirus measures are coming into effect – here’s what they mean for you.
A Mayo festival has seen its insurance premium jump from €6,500 to €25,000 in just three years.
When one or both parties refuse taking medicals, it can result in claimants taking their case to the courts.
Insurance premiums have risen for many people in recent years.
The approval of the Health Insurance (Amendment) Bill 2017 today will result in better value for those who have private health insurance.
The Motor Insurers’ Bureau of Ireland (MIBI) said it was deeply concerned with the spike in numbers.
Some groups have already criticised the new ‘Book of Quantum’, which guides injuries payouts.
The CCPC is investigating possible breaches of competition law, due to industry players openly signalling upcoming increases in premiums.
Insurance premiums are wiping out any savings motorists are making from low fuel prices.
Kian Griffin argues that young motorists are being left to foot the bill for a broken system.
In the last year, one third of Irish drivers have seen their insurance rise by up to 50%.
The Maltese-based firm was wound up in April 2014.
The insurance firm, which was declared insolvent on Friday, has about 14,000 Irish customers.
The company is refunding customers and paying an additional 5% in compensation.
We can’t have high awards and low motor insurance premiums, writes Caeva O’Callaghan.
A TD says they are.
Minister Reilly said he doesn’t know but if we’d implemented it last year, it would have cost less than €920 on average.
Women who smoke, in particular, have been hit by the introduction of the directive with premiums between one and 25 per cent higher
A spokesperson for Minister Hogan said he was “expressing his frustration” with the insurance industry when he spoke about the levy in a recent interview.
Some plans will increase by up to 20 per cent, with the average hike being 12.7 per cent.
However Minister James Reilly said it is important that they fully understand the level of cover their policy provides.
Just under 45 per cent of the population now has health insurance, down from a high of 51 per cent five years ago.
Speaking before the Oireachtas committee today, one stressed that proposed legislation won’t cause an increase in premiums.
The cap on the tax relief on health insurance policies will increase the costs for customers.
In a speech today Reilly said the insurance provider targets younger, more profitable customers rather than the more expensive, older customer”.
The EU guidelines on gender equality mean female drivers will see a rise in their premiums while male drivers stand to make savings in their insurance.
Things we learned, loved and shared today.
5 minutes, 5 stories, 5 o’clock…
Alan Shatter confirms that the EU directive that gender no longer be used as a criterion for calculating premiums is being implemented in Ireland.
New European Commission rules will mean that insurers can no longer take gender into consideration when assessing customers.
Today we’re asking if the increases in health insurance premiums will discourage you from renewing your coverage next year.
WITH LEVEL 5 restrictions coming into effect at midnight until 1 December, many businesses will be forced to close for the next six weeks.
Of course, many Irish businesses have an online presence and in the run-up to Christmas will rely heavily on support here at home.
As the festive season approaches we want to know: Will you make an extra effort to ‘buy irish’ this Christmas?
Poll Results:
Share your story: voices@thejournal.ie
This week, a home cook and recent sea swimming convert talks us through her week.
Some sun, then clouds, spotty showers
Max: 13 °C
Min: 6 °C
Cool with a blend of sun and clouds
Max: 10 °C
Min: 6 °C
Clouds and sun with a couple of showers
Max: 10 °C
Min: 6 °C
