Brennan calls on insurance firms to show claims drop

INSURANCE companies were challenged yesterday by Minister for Transport Seamus Brennan to open their books and show how penalty points have reduced claims from car crashes.

Following 12 deaths on the road at the weekend, insurance industry representatives warned of higher premiums if the level of fatalities continued to rise.

According to Irish Insurance Federation spokesman Martin Long the threat of penalty points is wearing off and insurance companies can only deliver reduced premiums if costs are reduced.