Members of the motor insurance industry are meeting with the Oireachtas committee on Finance today to discuss the rising cost of car insurance.
Junior Minister Eoghan Murphy who is chairing the new Insurance Review Group says the spiralling costs are threatening our economy.
The latest CSO figures show the cost of motor insurance has risen by over a third, in just 12 months.
Director of Consumer Affairs with the AA – Conor Faughnan – says there needs to be more transparency in the sector:
