Data on insurers’ payout deductions won’t be published this year | Business Post

Seán Fleming: The junior minister at the Department of Finance has introduced legislation which would require the Central Bank of Ireland to gather information on the number and value of the deductions made by insurers and to publish the data. Picture: Fergal Phillips

Data on the amount of taxpayers’ money deducted from compensation awards to hard-pressed business owners by insurers will not be available until 2023 at the earliest, theThe government is coming under increasing pressure to recoup millions of euro that insurance companies have deducted from policyholders’ awards, after the Department of Finance abandoned plans to pursue the companies for the money on foot of legal advice.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stripe signs five-year e-commerce agreement with Ford Motors | Business PostThe move will see the carmarker’s financial services arm partner with the payments giant to scale its payment capabilities
Source: businessposthq - 🏆 8. / 71 Read more »

Enterprise Ireland chief: global supply chain backlog ‘to continue for another year’ | Business PostLeo Clancy also says sustainability has risen high on the agenda of Irish companies in his first year in the role of chief executive
Source: businessposthq - 🏆 8. / 71 Read more »

Chapters Bookstore announces closing date after 40 years in business | JOE.ieChapters Bookstore announces closing date after 40 years in business
Source: JOEdotie - 🏆 31. / 51 Read more »