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.