At 2.09 pm yesterday, the Department of Finance issued a press release welcoming common measures across most insurers for business customers in response to Covid-19. The agreement covered nine insurance companies and came following engagement with officials. Insurers promised to reduce premiums for business customers to reflect the reduced level of exposure during the Covid-19 crisis and would also give increased forbearance. Just hours before, however, large number of publicans received a letter from FBD, the Irish owned but publicly trade insurer. As a result of being forced to shut down their premises as a result of the Covid-19 pandemic,…
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