News Analysis

Wednesday 22 February 2017

The debate is full of red herrings - and without robust data, reform is stalled

Dorothea Dowling

Published 22/06/2016 | 02:30

Motor insurance is compulsory so that the genuine seriously injured
can be compensated when an accident is caused by someone else’s negligence. Stock photo: Depositphotos
Motor insurance is compulsory so that the genuine seriously injured can be compensated when an accident is caused by someone else’s negligence. Stock photo: Depositphotos

It took 10 years of hard work by a wide range of people to reduce the cost of motor insurance by 40pc from the time of the Motor Insurance Advisory Board's (MIAB) report in 2002 to the level reflected in the CSO index at year end 2013.

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Since then it seems those savings have been squandered.

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