Home / News and Events / Latest News / 10-16 August

10-16 August

ISME featured in the media

SATURDAY

The Irish Sun, 10/08/19
YES WE CANS Irish booze industry bosses urge Leo Varadkar and Boris Johnson to find Brexit solution – as no deal could see price of pints increased
Ireland’s booze industry bosses today call on Taoiseach Leo Varadkar and UK Prime Minister Boris Johnson to find a Brexit solution as the UK barrels towards no-deal. Producers, publicans and ­off-license owners have laid bare the sobering reality of a no-deal Brexit, which could see jobs at risk, businesses shut down and expensive ­tariffs tacked on to booze — pushing up the price of pints.
Read here

MONDAY

The Irish Times, 12/08/19
‘All hell would break lose’ – warehouse trade storing up Brexit Problems
Brinkmanship represents ‘massive working capital drag on business’, trade body says. Owen Cooke has been fielding some tall orders from businesses in recent times. Brexit and the prospect of delays moving goods through Irish and British ports has meant the chairman of the Independent Express transport group and the Pallet Network storage and delivery businesses are in demand.
Read here

THURSDAY

Newstalk, 14/08/19
ISME CEO Neil McDonnell discussed the economy along with Dan O’Brien, Chief economist at the Institute of International and European Affairs, columnist with Independent newspapers and senior fellow at UCD, and Joan Burton, Labour Party Spokesperson on Finance, Public Expenditure and Reform with Ivan Yates on The Hard Shoulder.
Listen back here

RTE Radio 1, 14/08/19
ISME CEO Neil McDonnell discussed the CCPC’s investigation into the insurance industry with Mary Wilson on Drivetime.
Listen back here

FRIDAY

Ireland AM, 15/08/19
ISME CEO Neil McDonnell discussed public liability insurance and the CCPC investigation on Ireland AM, Virgin Media Television.
Watch back here

Insurance reform in the media

MONDAY

The Independent, 12/08/19
Fear over data breaches halts database to find insurance fraudsters 
The Government’s plan to establish a claims database which would help to clamp down on fraudulent insurance claims has been halted over concerns on data protection.The database was planned to include details of people making multiple claims and give more information to defendants about claimants.
Read here

THURSDAY

Newstalk, 15/08/19
Watchdog to open investigation amid liability insurance ‘price fixing’ claims
Ireland’s competition watchdog is to open an investigation into the public liability insurance market. It comes amid concern that brokers may be working with the industry to fix prices. According to a recent survey by the Alliance for Insurance Reform (AIR), liability insurance premiums have risen by 204% over the past five years.
Read here

The Irish Times, 15/08/19
Consumer watchdog to review public liability insurance market
Heather Humphreys asks for review of market as cost of premiums spiral. A consumer watchdog is to carry out an investigation into the public liability insurance market as businesses raise concerns about rising costs.The review by the Competition and Consumer Protection Commission (CCPC) is being undertaken at the request of Minister for Business Heather Humphreys “as a matter of priority”.
Read here

The Irish Times, 15/08/19
Compensation culture claims Shelbourne’s famous front door
Five-star Dublin hotel to remove revolving door after string of personal-injury claims. Who knew that fancy hotels could be among the riskiest places in Dublin? Compensation culture has claimed its latest victim, and the city’s purists are unlikely to be happy about it. After the Dean hotel’s “swing-gate”, it transpires that the Shelbourne is removing its iconic revolving door.
Read here