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Insurance should be a state run activity. Allowing thieving spivs like Sean Quinn to get their filthy paws on it is just insanity.Profit good. Profit of 1 million a day bad. Redistributing ordinary peoples money to private family at that rate bad. They aren`t the quickest either in paying out claims. Didn`t the accuse some person of jumping from a balcony in Ballymun when no such thing happened.
1 million a day to cover his Anglo losses maybe.
Move your business creates competition in the sector. Good for consumers.
I'd prefer if insurance was in democratic hands anyway. I have no reason to believe that a state company would be worse than a spiv like Quinn, and I have every reason to believe it would be better.the state would do fine in collecting the premiums ,but claim processing could leave a lot to be desired.