AIB faces possible extra tracker mortgage bill

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AIB faces possible extra tracker mortgage bill via IrishTimesBiz

Seenh & Heard: pub insurance claims, offshore floating wind farms and pay talks for aviation workers also make the headlinesThe Long Hall pub in Dublin, whose operator is suing insurer FBD for €1.4 million in lost pandemic profits, according to the Sunday TimesAIB faces a fresh wave of tracker mortgage disputes from customers who have complained to the Financial Services Ombudsman that the bank short-changed or denied them when they sough compensation, according to the Sunday Times.

FBD estimated that it would pay €183 million in business interruption claims after the High Court ruled substantially in favour of four publicans who took a test case. The pubs argued that they were entitled to compensation under a disease clause in their policies.More than a billion people around the world could face food shortages next year and in 2024, the Business Post said the chief executives of major food companies told a conference in Dublin last week.

 

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