FBD boss Fiona Muldoon has told The Irish Independent that insurance premiums are continuing to rise. If FBD are to continue making a profit they will need to keep rising insurance premiums. As per usual it is the “Irish claims are too high” argument used to justify the case.
Even though the Irish Government last week carried out an audit within the industry and published 71 recommendations for the industry Fiona Muldoon had the cheek to say 71 recommendations was too much and they are not going to pay attention to them. Whats the point in having the public spend money investigating this issue if the people responsible are not going to pay any attention to them (hardly surprising with the shower currently running this country).