State body to pay out on Setanta claims

The Motor Insurance Bureau of Ireland (MIBI) must pay out on 1,750 outstanding claims following the collapse of the Setanta Insurance Company, a High Court judge has ruled.

In a reserved judgment, Mr Justice John Hedigan said that, following the liquidation of Setanta on April 30, 2014, approximately 1,750 claims by and against Setanta policyholders remained in existence.

He said an issue had arisen as to who was liable to cover these claims — the MIBI or the Insurance Compensation Fund — and the Law Society had asked the court to determine the matter.