CSO reveals how much motor insurance has risen in the last year

CSO reveals how much motor insurance has risen in the last year

Motor insurance premiums went up by 31% last year, according to new figures from the Central Statistics Office.

The findings show motor insurance jumped by up to a third in the 12 months leading to December.

Minister for Finance Michael Noonan has said the Department of Finance is to determine the reason for the rise in a review of insurance premiums.

Fianna Fáil's Finance spokesperson Michael McGrath called on the Mr Noonan to bring back the Motor Insurance Advisory Board.

However, the Finance Minister said he would not be reinstating the board, but he would explore other options once the Department finishes its review, which he said should be completed within months.


More in this Section

Remarks made by Pat 'The Cope' Gallagher about SF/FF similarities dismissed by Mary Lou McDonaldRemarks made by Pat 'The Cope' Gallagher about SF/FF similarities dismissed by Mary Lou McDonald

Cameron Blair's 'boyish smile and joy of life' recalled by friends in moving tributesCameron Blair's 'boyish smile and joy of life' recalled by friends in moving tributes

People Before Profit offer ‘radical alternative’ to Fianna Fáil and Fine GaelPeople Before Profit offer ‘radical alternative’ to Fianna Fáil and Fine Gael

Paddy Holohan suspended from Sinn Féin following sexual extortion commentsPaddy Holohan suspended from Sinn Féin following sexual extortion comments


Lifestyle

The actor knows how to impress when it comes to high profile events.6 times Katie Holmes wowed on the red carpet

Glamour, fun and feathers all feature in this year’s hottest looks – but first and foremost, individual style rules.10 on-trend ways to transform your home in 2020

Abi Jackson shares the enduring appeal of Pooh Bear’s wisdom on Winnie-the-Pooh Day – author A.A. Milne’s birthday.Winnie-the-Pooh Day: The wellbeing lessons we can learn from Pooh Bear

We asked three experts for the low-down on shampooing frequency.How often should you really wash your hair?

More From The Irish Examiner