Fleming: Insurance companies can't be 'let off the hook' for business interruption payments

Sean Fleming, TD,  doesn't want insurers earning money from state intervention to help struggling businesses during the pandemic.

Insurance companies cannot be "let off the hook" for Covid-19 business interruption payments and should repay the state, a minister has said.

Sean Fleming, Minister of State at the Department of Finance, is responsible for Irish policy in financial services, credit unions, and insurance and says that insurance companies should repay the state if businesses that were closed in the pandemic received government supports like the wage subsidy scheme or rates waivers.