Drivers ‘thrown to the wolves’ of insurance sector by State

Car owners hit with up to 300% insurance hikes have been “thrown to the wolves” of the insurance sector by State institutions who are charged with protecting them, a damning report is to conclude.

Insurance companies are heavily criticised by the report, which says their “closed mentality” and unwillingness to share data is a contributory factor in recent motor insurance hikes.

Tougher laws forcing insurance companies to reveal details of claims, awarding greater powers to the Personal Injuries Assessment Board (PIAB) and tougher penalties for drivers caught speeding or on their mobile phone while driving are among some of 76 key recommendations in the report.