News Archive

Setanta Insurance Appeal by the MIBI

The Motor Insurers' Bureau of Ireland commenced an Appeal before the Supreme Court on Tuesday October 25th last against the recent High Court decision that the Motor Insurers' Bureau of Ireland (MIBI) is liable for claims against the policy holders on the insolvent insurance Company Setanta at the time of it's entering into liquidation in April 2014.  Under that decision the Motor Insurers' Bureau of Ireland (MIBI) was liable to pay compensation and legal costs to some 1,750 Claimants.  In the course of his decision, Mr. Justice Hedigan said it was clear that the background to the MIBI Agreements was the obligation to protect the innocent victims of uninsured drivers and found that the wording of the MIBI Agreement 2009 means that "the MIBI have a liability to pay out in respect of claims against persons who are insured by an Insurer that has become insolvent".

Having heard the Appeal, the Supreme Court has indicated that it will give judgement at a later date.

The Court has not specified a date for judgment but in light of the seriousness of the issues, it is believed that it will take some weeks.

 

Mary P. Cashin B.A., LL.B.

October 2016

 

Cashin & Associates Solicitors,
3 Francis Street, Ennis, Co. Clare, Ireland
Dublin Office: 64 Francis Street, Dublin 8
T: 00 353 65 6840060  F: 00 353 65 6840034
E: info@cashinlaw.com