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A Donegal TD says the reduction in personal injury awards must be matched with reductions in insurance premiums. Sinn Féin spokesperson on Finance Pearse Doherty says he welcomes confirmation from the Personal Injuries Assessment Board that personal injury awards have fallen by 40 per cent since personal injury guidelines came…

A Donegal TD is welcoming the news that a new Garda Insurance Fraud Coordination Office is to be established. Sinn Féin spokesperson on Finance Pearse Doherty says the office will allow policyholders who suspect a fraudulent claim has been made against them to report this directly to the Gardaí instead…

A Donegal TD has described as “deeply disappointing” the fact that no legal action has been taken by the competition regulator against the insurance industry after a five-year investigation. The Competition and Consumer Protection Commission (CCPC) said it had secured “legally binding commitments” from six insurers – AIG Europe, AXA…

A Donegal TD has described the recent Report on Dual Pricing in the Insurance Market by the Central Bank as a damning indictment of the insurance industry, and has said it represents a “victory for consumers.” Sinn Féin spokesperson on Finance Pearse Doherty TD has long called for a ban…

A bill introduced by a north west TD aimed at combating differential pricing has been debated in the dail. Sinn Fein’s Pearse Doherty introduced the Insurance (Restriction on Differential Pricing) Bill 2021 which aims to ban the practice of offering customers different prices for the same services, notably house and…

A Donegal TD says the practice of differential pricing must end. This is the practice where insurance companies charge different customers different prices for the same goods or services. The Irish independent reports that some over 70’s are being charged upwards of a thousand euro more for their car insurance…

Nursing homes throughout Sligo, Leitrim and Donegal could be facing ‘unsustainable increases’ in insurance premiums after the withdrawal of a major underwriter from the market. Nursing Homes Ireland says Liberty’s departure from the market presents ‘a crisis’ for the funding of nursing home care. Nursing Homes Ireland CEO Tadhg Daly…