Car insurance premiums likely to fall following court ruling over Setanta collapse

Car insurance premiums are likely to fall “in the short to medium term” following a Supreme Court ruling over the Setanta Insurance collapse.

Car insurance premiums likely to fall following court ruling over Setanta collapse

Car insurance premiums are likely to fall “in the short to medium term” following a Supreme Court ruling over the Setanta Insurance collapse, writes Conall Ó Fátharta, Irish Examiner.

A junior minister said while the Department of Finance was not in a position to make a demand of any insurance company as to how they price their product, “it will be seen as a breach of faith” if companies were not willing to drop prices as a result of last week’s ruling.

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