Tourism industry worried about rising insurance costs

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Tourism chiefs in Co Meath are expressing concern about the impact of spiralling insurance costs on activity-based business

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Boyne Valley Activities in Trim is the latest business to speak out about increasing insurance costs, as it faces a 400% hike in its public liability premium. He said action is needed to address the crisis, saying that he believes this is just the tip of the iceberg and as more companies review their insurance policies, they too will face hikes.

Rathbeggan Lakes announced last week that this summer season will be its last due to the rising insurance costs.

 

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