Insurance

The setting of a new personal injury discount rate (PIDR) for Northern Ireland could be jeopardised by the possible collapse of the Northern Ireland Assembly, an insurance law expert has warned. The Damages (Return on Investment) Bill, which introduces a statutory methodology for calculating the dis

Insurance company elipsLife, a subsidiary of Swiss Re, has appointed solicitor Fiona Moriarty as senior legal counsel for Ireland. Ms Moriarty, who is qualified in Ireland and in England and Wales, has 10 years' post-qualification experience in insurance and insurance litigation.

The High Court has ruled that FBD Insurance plc must pay publicans for losses arising from the early closures of premises which occurred from 10 August 2020 due to the Covid-19 pandemic. In a 201-page judgment, Mr Justice Denis McDonald held that the early closing requirement was a government-impose

The High Court has issued a further ruling in the landmark FBD case, dealing with issues around quantum. The test cases brought by four pubs – The Leopardstown Inn, Sinnotts, Seán’s Bar, and Lemon and Duke – concern their business interruption insurance policies with FBD and

An Oireachtas committee will today begin pre-legislative scrutiny of a proposed bill aimed at enhancing transparency around the practice of insurers deducting government payments from Covid-related claims settlements. The Alliance for Insurance Reform and Insurance Ireland will be joined by Sean Fle

The Irish government should consider reviewing the flood insurance market to afford Irish home-owners the same high level of protection offered in the UK, insurance risk and commercial law firm BLM has said. A report from Gamma Location Intelligence found that almost 70,000 homes throughout Ireland

Legislation providing for a reduction in stamp duty levies on health insurance contracts has been published by the government. The Health Insurance (Amendment) Bill 2021 will reduce levies on advanced health insurance contracts to €406, a decrease of €43 compared to 2021, and on non-advanc

Insurance law specialists BLM and Clyde & Co are reportedly discussing a possible merger which would create a combined firm with annual revenue of £735 million. The firm recently entered "early-stage talks" and the details are "being kept tight by the pair's senior leadership teams", accor

Motor insurance premiums fell by seven per cent last year in the last full year before the introduction of new personal injury guidelines, according to new figures. The Central Bank's third National Claims Information Database (NCID) report on private motor insurance reveals that the average earned

A new bill will aim to "enhance transparency" around the practice of insurers deducting government payments from Covid-related claims settlements. The Department of Finance has begun drafting the Insurance (Miscellaneous Provisions) Bill, which will address insurance-related issues that have arisen

The High Court has determined that a motor insurer must provide cover for a man who was badly injured when the lifting mechanism of a lorry failed and dropped a large bin on him. The dispute came before the court as a special case pursuant to Order 34 RSC, in circumstances where two insurers could n

The Court of Appeal has dismissed an appeal by Zurich Insurance plc seeking to set aside a third party notice in personal injury proceedings where cover was denied. It had been claimed by Zurich that the dispute regarding insurance cover was “entirely different” from the personal injurie

The average fraudulent insurance claim in the UK has risen by six per cent since 2019, with figures reaching £12,000, according to the latest figures published by the Association of British Insurers (ABI). According to the figures, the number of detected fraudulent claims fell to 96,000 down 1

A new Garda unit dedicated to investigating insurance fraud will be established next month, according to reports. The new Insurance Fraud Coordination Office (IFCO) will be launched in mid-September and put under the control of the Garda National Economic Crime Bureau (GNECB), the Irish Independent

A major insurance company's withdrawal from the professional indemnity insurance (PII) market for smaller law firms could be "yet another casualty of Brexit", a prominent lawyer has said. Keith Walsh, a former president of the Dublin Solicitors Bar Association (DSBA) and a current member of the Law