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NCC warns cost of public liability insurance impacting competition

The National Competitiveness Council (NCC) has warned that the rising cost of public liability insurance is adversely impacting competitiveness. The body also warns that legal services around the enforcement of commercial contracts in Ireland are both expensive and slow. The findings are contained in the NCC’s latest Competitiveness Challenges report, which focuses on six key […]

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Car running costs dip but insurance still an issue

Car running costs dip but insurance still an issue The average cost of running a family car for a year stands at €10,590, according to the AA’s annual survey of motoring costs – a decrease of €98.11 on last year. The survey also revealed a 7% drop in insurance costs, but the AA said the […]

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Car running costs dip but insurance still an issue

Car running costs dip but insurance still an issue The average cost of running a family car for a year stands at €10,590, according to the AA’s annual survey of motoring costs – a decrease of €98.11 on last year. The survey also revealed a 7% drop in insurance costs, but the AA said the […]

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Personal injury costs threaten retail viability

Personal injury costs threaten retail viability Retailers have hit out at the slow pace of insurance reform. Rising personal injury awards are threatening the viability of the sector, according to Ibec’s Retail Ireland division. Large numbers of retailers will be unable to meet the rising cost of insurance premiums unless urgent reform to the compensation […]

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Personal injury costs threaten retail viability

Personal injury costs threaten retail viability Retailers have hit out at the slow pace of insurance reform. Rising personal injury awards are threatening the viability of the sector, according to Ibec’s Retail Ireland division. Large numbers of retailers will be unable to meet the rising cost of insurance premiums unless urgent reform to the compensation […]

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Insurance revamp calls intensify as play centres saved by UK deal

THE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform said there was still a need for major changes in the insurance and legal sectors. […]

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Insurance fraud crisis is costing jobs, says top judge

Insurance fraud crisis is costing jobs, says top judge Former High Court president Nicholas Kearns has expressed frustration at the slow pace of insurance reform, saying the country risks reputational damage if the claims culture is not tackled. He is baffled that a dedicated Garda unit has not been set up to prosecute fraudsters, and […]

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