Key insurance reforms have been hobbled, Dáil is told - News Summed Up

Key insurance reforms have been hobbled, Dáil is told


Michael McGrath said that the reforms were being “hobbled” LEAH FARRELL/ROLLINGNEWS.IEAttempts by the government to reform the insurance sector in an effort to reduce premiums have “undoubtedly stalled”, Fianna Fáil’s finance spokesman has claimed. Michael McGrath told the Dáil yesterday that key recommendations of the government’s cost of insurance working group were “being hobbled”. The working group’s report, published in January last year, recommended that a national claims database be established to provide greater transparency. “It is hard to avoid the conclusion that the real meat of those recommendations, the key reforms, are being hobbled,” Mr McGrath said. “The national claims database, which aims to provide accurate and reliable data on claims affecting the insurance industry and policyholders, was to be in place by next month,…


Source: The Times May 16, 2018 23:00 UTC


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