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Big Laois secondary school set for refurbishment after funding gets green light

Insurers price gouging customers for too long, Dail hears

The “game is up” for insurance companies who have been “price gouging” customers for too long, the Dail has heard. Sinn Fein’s Pearse Doherty said insurers had been engaging in a practice called dual pricing to charge customers much higher prices than the cost of their policies. The party’s finance spokesman said the practice is “endemic” in the market. He made the comments as the Dail debated the second stage of the party’s bill proposing an end to dual pricing in the insurance industry on Wednesday. Dual pricing, or differential pricing, is the practice whereby some consumers are offered cheaper premiums by insurers than others despite having similar risk profiles.

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