Govt 'on a different planet', says restaurateur whose insurance has soared €115k in 10 years - News Summed Up

Govt 'on a different planet', says restaurateur whose insurance has soared €115k in 10 years


A balance needs to be struck.”The decision came as a Galway businessman told of how his insurance premium increased from €10,000 to €125,000 over 10 years. Eoin McCambridge, of McCambridge’s restaurant and food hall, said the Government “is on a different planet” while the insurance industry and legal profession are “fleecing” businesses, community groups and sporting organisations. “Ten years ago our insurance premium would have been €10,000 it's now over €125,000 in 2019. Its insurance premium is now €23,500. “We're being fleeced by an insurance industry and the legal industry.


Source: Irish Examiner December 20, 2019 14:03 UTC



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