November 30, 2020
News

Pearse Doherty joins local Sinn Fein TD to host meeting on insurance reform

Cllr Grace McManus, Pearse Doherty TD, John Brady TD and Cllr Dermot ‘Daisy’ O’Brien in Bray’s Royal Hotel

Sinn Fein TD Pearse Doherty held a public meeting in Bray’s Royal Hotel on Friday night calling for reform in the insurance industry.

Mr Doherty was welcomed by Sinn Féin TD for Wicklow John Brady, along with local councillors Grace McManus and Cllr Dermot O’Brien.

Sinn Fein spokesperson for finance, Mr Doherty has been touring the country in an attempt to end “the rip-off of individuals, businesses and families” the party claims is  continuing.

“Insurance costs have become extortionate, ripping off consumers and closing down businesses,” Mr Brady said following the meeting .

“Since 2016 Fine Gael have sat back in the face of rising insurance costs while Fianna Fáil have let them off the hook.

“The insurance industry tells us that fraudulent claims and the cost of personal injury awards are causing premiums to rise.

“But through the work of Pearse Doherty we know that their figures don’t add up.  Despite the total number of motor insurance claims reducing by 22% between 2014 and 2017, the average motor insurance premium has increased by 53% between 2013 and 2017.

“Premiums are rising. The only other thing that is rising are insurance company profits.  Pearse Doherty is leading a campaign to take on the industry and end the rip-off.

“The policies and legislation that he has produced on behalf of Sinn Féin would stamp out fraud, protect consumers, ban price discrimination and reduce premiums for everyone.”

 

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