Mattie McGrath: Motor insurance firms are acting like terrorists

Motors insurance companies have been accused of “acting like terrorists” by hiking premium costs on unsuspecting car owners who are facing financial ruin.

Tipperary TD Mattie McGrath made the claim during the second day of a Dáil debate on motor insurance, insisting the situation amounts to people having their hard-earned money “hijacked”.

Speaking as Fine Gael allowed a Fianna Fáil motion to set up a taskforce to examine the issue to pass without a vote, despite not agreeing to establishing such a group, Mr McGrath said now is the time for immediate action.