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The Daily PollMORE THAN 1,500 claims remain unresolved following the collapse of Setanta Insurance in 2014. Many people are owed large sums of money as a result of the situation, with one woman losing over €100,000 to date.
In May, the Supreme Court ruled that the Irish State must be held liable for the outstanding claims. The State’s Insurance Compensation Fund can only pay out 65% of a claim or €825,000, whichever is less. Many people have been left in limbo, fearing they could be liable for any shortfall in a claim against them.
The Law Society’s former president told TheJournal.ie the insurance industry should pay the shortfall, saying they’ve “already charged for it” with increased premiums. Insurance Ireland disagrees, with a spokesperson saying the organisation “accepts the decision of the Supreme Court as final”.
Insurance premiums have risen for many people in recent years, for a number of reasons.
We want to know: Did you car insurance premium increase this year?
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Hasn’t anyone told him that it’s already summer?
@Lemonwilly: sorry to deflate your valid comment…… But did you not know they live in a climate called “Twilight Zone!”
How about a bill to ensure judges hand out proper sentences?
The mere sight and reminder of Shane Ross at this hour is enough to turn the milk on my ceral sour
It might go some way to restoring confidence back in the Judiciary after the dogs dinner decision in the Louise O’Keefe case
the judges and the legal profession have resisted this reform tooth and nail, leads me to think there must be something good in it, well done Ross, FG or FF would never have taken them on only for you had the balls to do challenge vested interests. new politics works, vote for the independents in the next GE to keep the main parties in line and prevent them running roughshod like the FF/Lab Govt 2011-2016, with scandals like Irish water etc
have your say