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Tue 02 Feb 2009Consumers warned over rising insurance costs
People have been warned by the Consumers' Association of Ireland (CAI) to resist any "outrageous" and "unacceptable" price increases from home and motor insurance companies in the coming months.
The CAI said it had been prompted to issue yesterday's warning in response to comments from the chief executive of Hibernian Avivia Stuart Purdy who said in a recent newspaper interview that insurance had become too cheap and would have to rise by up to 20 per cent.
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