Insurance group FBD has said increases in premiums are needed this year, particularly to help the industry to cope with claims from flooding and freezing this winter. In a trading update released to coincide with its Annual General Meeting in Dublin, FBD said claims linked to the severe cold weather in January had cost it [...]
Author Archive
FBD warns of increased premiums for car insurance
April 30th, 2010
Published in
Car Insurance, Motoring News
900 jobs to go at Quinn Direct Insurance
April 30th, 2010
900 jobs are to go at Quinn Insurance offices, with the jobs to go on a voluntary basis. Read statements from Quinn Insurance and the employees. It is expected the cuts will happen over a 12-15 month period. The biggest job losses will be in the largest office, Blanchardstown, which currently has a staff of [...]
Published in
Car Insurance, Motoring News
Convoy of trucks to stage Dublin Quinn protest
April 26th, 2010
A demonstration against the ban on Quinn Insurance writing new business in the UK will begin at tomorrow morning at 8am, according to organisers. A convoy of more than 300 trucks is expected to leave a truck stop on the M7 at Naas, Co Kildare. It will travel to Kilmainham, through St John’s Rd West [...]
Published in
Car Insurance, Motoring News
The Irish Government €5,000 grant offered to electric car buyers
April 12th, 2010
The Government is to provide a €5,000 grant to incentivise the public to purchase electric cars. Energy Minister Eamon Ryan said the grant would make electric vehicles comparable in price to conventional cars, but they would run at 20% of the cost. The Government wants Ireland to become an effective test site for electric cars, [...]
Published in
Motoring News
Quinn Insurance News – Talks on Quinn Group to resume
April 11th, 2010
Talks between representatives from Anglo Irish Bank and the Financial Regulator will resume today after attempts to reach agreement over its proposal to refinance the Quinn Group ended without resolution last night. The state-owned bank is seeking a postponement of a High Court hearing tomorrow, to confirm the appointment of administrators to Quinn Insurance. Quinn [...]
Published in
Car Insurance
New car registrations up 90% for March
April 2nd, 2010
Today’s statistics from the Motorcheck.ie Car Index show that a dramatic increase in new car registrations for March has reversed last years trend of falling sales for the first quarter. The official figures for March show an increase of 90% for passenger vehicles registered in Ireland as against the same month in 2009 (7,291 registered [...]
Published in
Car Sale Stats
Cavan Chamber of Commerce – Rally in support of Quinn Insurance
April 2nd, 2010
Cavan Chamber of Commerce has announced is is to hold a rally in support of Quinn Insurance and its employees in the town next week. The rally will take place next Wednesday at 5.30pm in the town centre. The organisers say they hope a large number of Quinn employees will join the event, along with [...]
Published in
Car Insurance