Fleets must not pay for insurance industry’s failings – says FTAI

on May 28, 17 • in UK • with Comments Off on Fleets must not pay for insurance industry’s failings – says FTAI

Freight Transport Association Ireland (FTAI) has called on the Government to guarantee that freight operators should not pay increased levies on insurance policies, following the supreme court ruling requiring the State’s Insurance Compensation Fund to compensate those affected by the collapse of insurance companies. As a result of the collapse of Setanta, additional levies could be placed on all motorists’ insurance premiums of up to 5 per cent per annum