Insurance

Global law firm Clyde & Co welcomed representatives from Northern Ireland's insurance industry to Tesla's flagship centre in Belfast for a unique event discussing the barriers to improved take-up of electric and hybrid vehicles.

Northern Ireland's personal injury discount rate has been set at +0.5 per cent following a review. The new rate is welcome news for insurers and bad news for personal injury claimants, being a significant increase from the -1.5 per cent rate set in March 2022.

Legislation bringing Ireland in line with EU motor insurance rules has been published by ministers following the beginning of EU infringement proceedings. The Motor Insurance Insolvency Compensation Bill 2024, which transposes Articles 10a and 25a of the revised Motor Insurance Directive, will prote

The launch of Ireland's new motor insurance database will allow gardaí to establish within seconds whether a vehicle is insured or not, ministers have announced. Justice minister Helen McEntee and junior minister Neale Richmond today attended the formal launch of the new Irish Motor Insurance

Ireland is facing EU infringement proceedings over its alleged failure to implement rules protecting victims of car accidents where an insurer becomes insolvent. The European Commission yesterday confirmed it has sent a letter of formal notice to Ireland for not having fully transposed the insolvenc

Insurance defence firm Hayes McGrath LLP has promoted Liz Lyons to partner. A key member of the firm's defence litigation practice, Ms Lyons joined the firm in 2007 as a legal executive. She qualified as a solicitor in 2016 after completing a traineeship with the firm.

Business insurance premiums rose by eight per cent in 2022 despite a slight decline in the total cost of settlements, according to a new Central Bank report. The Central Bank today published the third Employers' Liability, Public Liability and Commercial Property Insurance Report based on figures co

DWF has appointed Lisa O'Brien, Sarah Falvey and Rory Dunne as senior associates in its insurance, global risks and professional indemnity team in Ireland. The trio have joined the global legal business to supplement the global speciality and financial risks and major injury and casualty practices.

Half of all personal injury claims relating to motor accidents were settled under the personal injuries guidelines last year, according to new figures. The Central Bank of Ireland today published the fifth annual private motor insurance report of the National Claims Information Database (NCID), whic

The Court of Appeal has determined in an appeal brought by a Russian aircraft insurer that the High Court did not err in concluding that choice of law and jurisdiction clauses in the insurance documentation prevailed, and that the forum conveniens for the proceedings was Ireland. Delivering judgment

Jonathan Calvert, litigation lawyer at Johnsons Solicitors in Belfast, discusses the viability of defending credit hire claims from plaintiffs whose own vehicle did not have a valid MOT certificate at the time of a road traffic collision. During 2020 and throughout the Covid pandemic, MOT testing in

An Garda Síochána, Insurance Ireland and the Alliance for Insurance Reform have signed a memorandum of understanding aimed at increasing co-operation on insurance fraud.

Significant changes to duty of care legislation which place more responsibility on individuals have come into effect from today. The amendments to the Occupiers Liability Act 1995 under the Courts and Civil Law (Miscellaneous Provisions) Act 2023 form part of the government's work on insurance refor

The European Commission has launched infringement proceedings against Ireland over its failure to implement an EU directive on motor insurance. Directive 2009/103/EC on motor insurance, as amended by Directive (EU) 2021/2118, sets up a mechanism to compensate victims of road traffic accidents in cas

Reforms to duty of care legislation have been approved by the Oireachtas as part of a wide-ranging bill including provisions on bankruptcy, legal services, data protection, naturalisation and Irish citizenship. The Courts and Civil Law (Miscellaneous Provisions) Bill 2023 completed its final stages