Time to rein in the insurers - Soaring cost for motorists

TRANSPORT Minister Paschal Donohoe has ruled out intervention to prevent further rises in the cost of motor insurance.

His decision comes in the wake of research from the Automobile Association which shows that despite fuel price reductions, car owners have not felt the savings in their pocket, as the cost of insuring their vehicles has soared.

Mr Donohoe said that the best his department can do to tackle spiralling costs is to make roads safer.