FG: ‘Compo culture’ behind claims

Junior finance minister Michael D’Arcy believes a “compo culture” is prevalent in Ireland and has admitted that insurance firms are making up for “lost money” from previous years.

FG: ‘Compo culture’ behind claims

Junior finance minister Michael D’Arcy believes a “compo culture” is prevalent in Ireland and has admitted that insurance firms are making up for “lost money” from previous years.

The Fine Gael minister told the Irish Examiner: “We have a compo culture, of course we have, and the compo culture has been driven by the level of reward. So you can have somebody with a minor injury getting a lot of money.”

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