Ireland To Consider Accountability Rules For Insurers

Law360, London (July 16, 2021, 1:18 PM BST) -- Ireland's deputy prime minister has said the government will consider legislation to hold insurers to account if they fail to pass on savings to policyholders as a result of reforms to payouts on personal injury claims.

Leo Varadkar told the country's legislature, the Dáil, on Thursday that his government will consult with the Central Bank of Ireland over the proposed rules.

The country embarked on a sweeping reform program to drive down the cost of insurance for businesses in December. But lawmakers are growing increasingly concerned that insurers have so far failed to pass on savings in the form of lower...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections


Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!