... Car Insurance
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Insurance group FBD has said increases in premiums are needed this year, particularly to help the industry to cope with claims from flooding and freezing this winter.
In a trading update released to coincide with its Annual General Meeting in Dublin, FBD said claims linked to the severe cold weather in January had cost it €12m. [...]
900 jobs are to go at Quinn Insurance offices, with the jobs to go on a voluntary basis.
Read statements from Quinn Insurance and the employees.
It is expected the cuts will happen over a 12-15 month period.
The biggest job losses will be in the largest office, Blanchardstown, which currently has a staff of around 800.
Around 301 [...]
A demonstration against the ban on Quinn Insurance writing new business in the UK will begin at tomorrow morning at 8am, according to organisers.
A convoy of more than 300 trucks is expected to leave a truck stop on the M7 at Naas, Co Kildare.
It will travel to Kilmainham, through St John’s Rd West and onto [...]
Talks between representatives from Anglo Irish Bank and the Financial Regulator will resume today after attempts to reach agreement over its proposal to refinance the Quinn Group ended without resolution last night.
The state-owned bank is seeking a postponement of a High Court hearing tomorrow, to confirm the appointment of administrators to Quinn Insurance.
Quinn Insurance has [...]
Cavan Chamber of Commerce has announced is is to hold a rally in support of Quinn Insurance and its employees in the town next week.
The rally will take place next Wednesday at 5.30pm in the town centre.
The organisers say they hope a large number of Quinn employees will join the event, along with workers from [...]
The High Court has appointed two joint provisional administrators to Quinn Insurance Ltd.
Mr Justice John Cooke made the order following an application by lawyers on behalf of the Financial Regulator.
The application was made under the 1983 Insurance Act.
Michael McAteer and Paul McCann from Grant Thornton have been appointed by the High Court to act as [...]
In Ireland there are three types of insurance cover available from most insurance companies:
1. Third Party Car Insurance
2. Third Party, Fire and Theft Car Insurance
3. Comprehensive Car Insurance
Lets explain them one by one.
1. Third Party Car Insurance
This is the minimum legally required insurance type to be able to drive your car in Ireland and is the [...]
Following the publication of a report by the Financial Regulator, which show that male drivers between 17 and 20 on a provisional licence pay almost €4,300 each year, the National Youth Council of Ireland has accused motor insurers of robbing young drivers, by charging them exorbitant prices for motor insurance.
Despite claims from the insurance industry that [...]
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