O’ROURKE CRITICISES GOVERNMENT INACTION ON INSURANCE FRAUD

Frank O’Rourke TD has criticised the government for delaying legislation which would clamp down on insurance fraud.

Frank commented, “Recent findings published by the insurance industry has labelled half of all personal injury claims brought to court as “potentially fraudulent”. False and misleading claims have negative consequences for Irish policyholders and drive up the cost of insurance premiums.”

“The cost of both motor insurance and business insurance remains stubbornly high for households and businesses across the country. The average annual cost of motor insurance now stands at €750 compared with €450 in 2014, an increase of nearly 70%.” Continue reading “O’ROURKE CRITICISES GOVERNMENT INACTION ON INSURANCE FRAUD”

O’Rourke – Fianna Fáil bill will tackle fraudulent Insurance claims

Frank O’Rourke TD says a new Bill being brought forward by his party should lead to reduced insurance costs, as it will clamp down on fraudulent insurance claims.

“Fraudulent insurance claims have been a contributory factor in the rising insurance costs, which people in Kildare and across the country have been hit with in recent years.”

“The average premiums today are still €300 higher now than they were in 2014. Constituents regularly raise the high cost of motor and business insurances with me at my weekly clinics”  stated Deputy O’Rourke.

“Our Bill, the Civil Liability and Courts (Amendment) Bill 2018, is the latest measure from our party aimed at tackling spiralling insurance costs. I have raised the high cost of insurance with the Government on many occasions and have offered a number of proposals which the Government should have pursued. The Government has not given focus to this issue and it is affecting the cost of living for many people.”

“The majority of insurance claimants are genuine. However, there is an underlying issue with fraudulent claims, which is driving up the cost of insurance for motorists, businesses, community groups and individuals. We need to address this issue and our Bill is designed to make would-be false claimants think twice about making a claim. If passed, the Bill will direct a court to refer the matter to the Director of Public Prosecutions where a case is deemed to be a fraudulent action.”

Continue reading “O’Rourke – Fianna Fáil bill will tackle fraudulent Insurance claims”