Irish Trucker Magazine Online

Insurance firm suffers setback
A High Court bid to strike out parts of the forthcoming libel proceedings against the Sunday Tribune by the Quinn Insurance Group failed yesterday.

Insurance misery for NI drivers
Drivers in Northern Ireland who already are battling the cost of fuel now face a further setback with the news that their motor insurance premiums are about to get a double digit figure increase.

Aviva Insurance set to increase premiums
Insurance giant Hibernian Aviva said yesterday (Thursday) that they were set to increase car insurance premiums despite the economic downturn.

Motorists to face insurance premium hike
After having seen insurance premiums fall over the past few years, motorists are now set to see an increase in their premiums as companies set about to offset rising costs.

Motor Insurance increases on the cards
The poor performances of many insurance companies over the recent decline in global markets is setting up a trend for consumers to face a further financial setback as motor premiums look set to rise by 10 to 15 per cent.

Massive difference in car insurance premium
Shop around is the advice being given to motorists when they look to insure their vehicles as a report carried out by the Financial Regulator has shown a massive variance between insurance companies.

Dept of Transport to get tough on ‘write-offs’
The Department of Transport has acknowledged that cars classed as write-offs by insurance companies are re-appearing on Irish roads.

Motor insurance expected to rise by 10%
A report by Deloitte predicts that 90% of motor insurers are set to increase premiums during 2009 with 42% indicating that the rise would be a two figure digit one to as high as 10%.

EU takes Ireland on in compensation cases
Under EU regulations surrounding the compensation paid to people without motor insurance who are involved in an accident, Ireland are being taken to task by the EU for failing to implement their regulations.

Allianz green initiative
Insurance company Allianz have taken the ‘green’ initiative offering motorists who do an advanced driving programme with the Irish School of Motoring a 20% reduction on their premiums.

Signs of motor insurance on way up
The Irish Insurance Federation (IIF) yesterday released its annual market statistical report for 2007 showing good all round results.

Insurance likely to rise
According to a leading player in the insurance market, costs are likely to rise as the era of low cost insurance comes to an end.

High Court asked to clarify liability of insurers
The High Court is being asked to clarify the extent of liability to insurers in road accidents after insurance company FBD refused third party cover on a claim arising out of a collision in which a man was left paraplegic.

Insurers seek to up premiums by 10%
Insurers companies look set to increase premiums by 10% next year in spite of a combined 551 million euro profit margin when investment gains were included in insurance earnings.

Motor insurance set to rise
Coming on the heels of one of the country’s most draconian budgets, is the news that the insurance industry is set to increase premiums

Insurance fraud rise by 40%
According to the Irish Insurance Federation fraudulent claims have rocketed by up to 40%.

Quinn Direct linked with UK motor insurer
Quinn Direct, the insurance business owned by billionaire Sean Quinn, has been linked to a potential acquisition of UK motor insurance broker Hastings Direct.

Insurance company offers motorists bonus for weekend no-shows
A car insurance company is set to introduce a policy which it claims will not only save lives but also save young motorists up to 1,000 euros.

Quinn in second place in motor insurance table
Cavan-based company Quinn Direct has become the country’s second largest motor insurer.

Road Authority hails new law
The Road Safety Authority has insisted that the crackdown on second provisional licence holders travelling without an accompanying qualified driver has proven to be a success.

Man awarded large sum after lorry accident
A trailer fitter who suffered injuries after the trailer of a lorry he was working on collapsed on him has been awarded a reputed 500,000 euros.

More job losses set for Insurance industry
Following on from the news that Hibernian is to lay off 520 workers in a relocation process, it has been reported that fellow insurance giant AXA is to get rid of 120 jobs from its office in Dublin.

Boy struck by van receives settlement
A boy who suffered severe injuries to his body when he was struck by a van over ten years ago has received a settlement of €250,000 from the High Court.

Industrial action for Hibernian
Hibernian Insurance looks set for industrial action after workers at the company’s Cork branch voted in favour of industrial action after it was revealed that 580 jobs would be lost, due to a relocation process.

Union takes on insurance giant
One of Ireland’s leading insurance companies, Hibernian faces stiff opposition for its proposed axing of 580 jobs as part of a relocation process to India.

Insurance company to cut 580 jobs
As part of a three-year restructuring programme, insurance giant Hibernian has announced that 580 jobs are to be lost here in this country.

New legislation for ‘write-offs’
Motor Insurance are to be forced to hand over all their records on car write-offs in a bid to stop them reappearing on the roads as a new legislation is set to be introduced.

Motor claims top the list
Motor accidents made up 72% of all personal injury claims last year, according to new figures released by the Personal Injuries Assessment Board.

Gardai plan extra roadchecks
Assistant Commissioner Eddie Rock has warned motorists that there will be an increased Garda presence on the roads over the Easter holiday period.

RSA Chief reveals plans
Road Safety Authority Chief Executive Noel Brett has revealed that by the end of the year every driving instructor in the country must be registered with the RSA.

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Features

VIVAS Health once again puts its competitors to shame by offering all members who join in April free travel insurance
VIVAS Health has once again demonstrated its commitment to offering Irish consumers more with the announcement of free annual worldwide travel insurance for all members who sign up during the month of April

How long must we wait?
Almost 18 months have passed since the Motor Insurance Advisory Board (MIAB) published its hard-hitting report into the motor insurance industry. John Loughran poses the question: How much longer must we wait for meaningful reductions in motor insurance premiums?

Spiralling insurance premiums number one cause for concern
There are bleak times ahead for the road haulage industry if the findings of a recent survey conducted by the Irish Road Haulage Association reflect the mood within the sector. Here John Loughran reviews the survey.

Light at the end of the tunnel
There could be a light at the end of the tunnel for embattled hauliers struggling to pay ever increasing motor insurance premiums, thanks to an initiative from road safety specialists, How’s my Driving Ltd and leading insurer Hibernian, writes John Loughran.

Under the spotlight
The spotlight of attention has finally focused on the spiralling cost of commercial vehicle insurance with the recent announcement that the Motor Insurance Advisory Board is to hold an inquiry into the issue and present its findings
to the Government, writes John Loughran.

A little advice
The Fianna Fail / Progressive Democrat Coalition Government is back in harness and will be guiding the fortunes of the country and the road haulage industry for the next five years. Here Gerry McMahon offers some salient advice to Bertie and Mary and the troops

The opposing view
Denis Naughten is Fine Gael's deputy spokesman on Public Enterprise. He also has some outspoken views on the insurance industry, road safety and the National Roads Authority, John Loughran spoke with the haulage friendly TD.

Young drivers deliver letter of protest
Young motorists brought their campaign for cheaper car insurance to the Fianna Fail Ardfheis in October when they delivered a letter of protest to the Taoiseach at the Citywest venue in Dublin.