Sir, – If memory does not fail us, only last July we were informed that, according to official data, the cost and number of claims were decreasing and that the insurance regulatory body asked insurance companies why premiums had been increased under the circumstances. We also remember that insurance companies found it fit not to reply on that occasion.
Now all of a sudden, to justify another hike on insurance premiums, they are saying that the number of car drivers, accidents and indemnity payouts, including the disgraceful increase of the amount paid for whiplash claims, are the cause for the soaring premiums. Have the Government and the insurance regulatory body properly investigated these assumptions?
There are many motorists who have the suspicion that profit may drive these companies before anything else, and that drivers are now being asked to subsidise their greed. – Yours, etc,
CONCETTO LA MALFA,
Dublin 4.