Seán Fleming, Minister of State at the Department of Finance, had warned insurers they would be pursued for the value of any deductions made from the Covid-19 related payouts to their customers. Picture: Fergal Phillips
Insurance companies are set to pocket millions of euro of taxpayers’ money intended to support businesses through the Covid-19 pandemic, as the government has abandoned plans to pursue them for repayments.revealed last year that a number of insurers had begun stripping thousands of euro from policyholders’ awards by deducting the value of state supports such as wage schemes and rates waivers, in a move which effectively used taxpayers’ money to...
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