Menu
14/02/2025
Minister Urges Insurance Industry To Support Storm Éowyn Victims
Finance Minister John O'Dowd has called on the insurance industry to support consumers affected by Storm Éowyn.
Following a meeting with the Association of British Insurers, Minister O'Dowd emphasized the need for the industry to provide assistance and support to policyholders who experienced damage as a result of the severe weather.
"Insurance companies must support and protect consumers in the wake of the unprecedented impact of Storm Éowyn," Minister O'Dowd stated. "The storm caused widespread disruption to households and businesses and the insurance industry must back customers through providing advice, emergency assistance and paying claims."
He stressed the importance of a collective effort to address the challenges faced by those impacted by the storm.
"Consumers must not be left to meet the long-term costs of Storm Éowyn through higher insurance premiums," he added. "Insurance premiums are a significant expense, and I am committed to working with the industry to ensure all consumers are supported and protected."
Following a meeting with the Association of British Insurers, Minister O'Dowd emphasized the need for the industry to provide assistance and support to policyholders who experienced damage as a result of the severe weather.
He stressed the importance of a collective effort to address the challenges faced by those impacted by the storm.
"Consumers must not be left to meet the long-term costs of Storm Éowyn through higher insurance premiums," he added. "Insurance premiums are a significant expense, and I am committed to working with the industry to ensure all consumers are supported and protected."
Related Northern Ireland News Stories
Click here for the latest headlines.
05 December 2024
AbbeyAutoline Completes Third Major Acquisition Of 2024
AbbeyAutoline, Northern Ireland's largest insurance broker, has announced the acquisition of Coleraine-based Wallace Insurance Brokers' customer book of business. The deal marks the third acquisition by AbbeyAutoline in 2024, following the purchases of Lisnaskea-based Martin Carey Insurance and Downpatrick-based Down Insurances.
AbbeyAutoline Completes Third Major Acquisition Of 2024
AbbeyAutoline, Northern Ireland's largest insurance broker, has announced the acquisition of Coleraine-based Wallace Insurance Brokers' customer book of business. The deal marks the third acquisition by AbbeyAutoline in 2024, following the purchases of Lisnaskea-based Martin Carey Insurance and Downpatrick-based Down Insurances.
28 February 2017
Car Insurance Premiums Set To Soar
The Ministry of Justice has announced a new way of calculating compensation payments which could see average car insurance premiums soar by up to £75 a year. Lord Chancellor Liz Truss announced plans to cut the discount rate to -0.75% from 2.5%.
Car Insurance Premiums Set To Soar
The Ministry of Justice has announced a new way of calculating compensation payments which could see average car insurance premiums soar by up to £75 a year. Lord Chancellor Liz Truss announced plans to cut the discount rate to -0.75% from 2.5%.
19 December 2024
Finance Minister Demands Funding To Offset NI Contributions
The Finance Minister has called on the Chief Secretary to the Treasury to provide adequate funding to offset the impact of increased National Insurance contributions.
Finance Minister Demands Funding To Offset NI Contributions
The Finance Minister has called on the Chief Secretary to the Treasury to provide adequate funding to offset the impact of increased National Insurance contributions.
28 February 2025
O'Dowd Challenges Treasury On National Insurance Increases
Finance Minister John O'Dowd met with his Welsh and Scottish counterparts and the Chief Secretary to the Treasury in Cardiff to discuss key financial issues. Following the Finance Inter-Ministerial Standing Committee (F:ISC), Minister O'Dowd expressed concerns about the impact of National Insurance increases on public services.
O'Dowd Challenges Treasury On National Insurance Increases
Finance Minister John O'Dowd met with his Welsh and Scottish counterparts and the Chief Secretary to the Treasury in Cardiff to discuss key financial issues. Following the Finance Inter-Ministerial Standing Committee (F:ISC), Minister O'Dowd expressed concerns about the impact of National Insurance increases on public services.
06 February 2025
Last Chance To Top Up National Insurance Record To Boost State Pension
People have contributed a total of 68,673 years to their State Pension through an online service since April last year, according to HMRC. The service allows individuals to check their National Insurance record and top up any gaps to increase their State Pension entitlement.
Last Chance To Top Up National Insurance Record To Boost State Pension
People have contributed a total of 68,673 years to their State Pension through an online service since April last year, according to HMRC. The service allows individuals to check their National Insurance record and top up any gaps to increase their State Pension entitlement.
-
Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
