Seán Fleming
Question:206. Deputy Sean Fleming asked the Minister for Finance the status of the payment of claims due by Setanta Insurance following the recent High Court ruling; and if he will make a statement on the matter. [10172/16]
View answerTuesday, 17 May 2016
Questions (206)
Written answers
Progress on the Setanta Insurance issue has been awaiting the outcome of legal proceedings in the case of the Law Society of Ireland versus the Motor Insurers' Bureau of Ireland (MIBI).
On 4 September 2015, the High Court held that the MIBI is liable in respect of claims against the policy holders of Setanta.
This decision was subsequently appealed by the MIBI and the Court of Appeal upheld the High Court decision in March of this year.
The MIBI has recently been granted leave to appeal the Court of Appeal judgement to the Supreme Court.
I expect to be in a better position to inform the House further once the legal proceedings are concluded.