2022 insurance premiums rise 8% despite 14% drop in settlement costs, prompting calls for reform and government action, as Fine Gael leader Simon Harris pledges support for small businesses.
Calls for government action on insurance reform intensify as premiums rise 8% in 2022, despite a 14% drop in settlement costs, according to the Central Bank's Liability Report. Fine Gael leader Simon Harris has pledged to help small businesses address mounting costs ahead of his nomination as Taoiseach. Flora Crowe, a grocery store owner and board member of the Alliance for Insurance Reform, representing 46 civic and business groups across Ireland, highlights that the cost of doing business is already too high.
April 04, 2024
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