Setanta Insurance ruling has implications for motor insurance premiums

Court rejects Motor Insurance Bureau’s appeal related to collapse of Setanta Insurance two years ago

The Court of Appeal has found the Motor Insurers Bureau of Ireland (MIBI) “potentially liable” for hundreds of outstanding claims following the collapse of Setanta Insurance two years ago.

The actual liability of MIBI to individual claimants will have to be decided on an individual basis, the three-judge court directed.