JimmieS | 10/02/2023 11:26:05 |
310 forum posts 1 photos | Some folk may be interested in a report in today's Belfast Telegraph paper. 'The North West 200 and all motorcycle road races, short circuit and trials events in Northern Ireland have been cancelled for 2023 due to crippling Public Liability insurance costs. The decision was reached at an emergency meeting of the Motor Cycle Union of Ireland (Ulster Centre) on Thursday night. National road races were facing an increase of three times more than they paid in 2022, with clubs looking at costs of more than £50,000. It is understood that the body responsible for motorcycle racing in the Republic of Ireland, Motorcycling Ireland, is also facing a similar scenario after being unable to find an insurance company willing to provide cover.'
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noel shelley | 10/02/2023 11:32:02 |
2308 forum posts 33 photos | SAD ! But so many events in the recent past have gone this way. Our risk averse society ? Noel. |
Hopper | 10/02/2023 12:01:42 |
![]() 7881 forum posts 397 photos | Yes very sad. Those are some legendary races that have gone on for generations. Just the latest example of the insurance companies running our society. It is not society that is risk averse -- people still want to go and watch the races -- is the insurance companies wanting to maximise profit by not covering anything that might remotely result in a payout. Expect it to get worse this next year as the stockmarket continues to not do so well. That is where the insurance companies make much of their profit, by investing their huge premiums pool in the stockmarket and banking the returns. Somebody has to pay in a bad year, so of course it is us punters, with higher premiums and the refusal of coverage for anything remotely likely to result in a payout. And behind that I suppose we can blame our increasingly litigious society and the resulting lawyers' picnics. Edited By Hopper on 10/02/2023 12:02:25 |
A Smith | 10/02/2023 12:09:00 |
104 forum posts 4 photos | I've stopped going to the IOM TT because I don't want to be there when (not if) someone gets killed. |
Windy | 10/02/2023 12:43:45 |
![]() 910 forum posts 197 photos |
So many sports and hobbies have problems with insurance it was so simple in my speed record days in 1960 to 1980. More regulations if you want a competition licence and costs just keep rising Most motorcycle road races in Northern Ireland cancelled - BBC News
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Robert Butler | 10/02/2023 12:46:29 |
511 forum posts 6 photos | Posted by noel shelley on 10/02/2023 11:32:02:
SAD ! But so many events in the recent past have gone this way. Our risk averse society ? Noel. Litigious society would be more accurate. Robert Butler |
SillyOldDuffer | 10/02/2023 13:41:58 |
10668 forum posts 2415 photos | A bit of research reveals a more complicated story going back several years. Part of the problem is that these events are free to view, making it difficult for organisers to raise the money needed to cover costs. They've been subsidised by the public sector, and as a taxpayer, I'm against funding freebies for motorcycle fans when nurses are being asked to pay for inflation. Motorcycling Ireland also blames Brexit: previously the event was insured by a European firm, who withdrew. (Since Brexit significant numbers of European firms have chosen not to do UK business because they can make money elsewhere without having to do a lot of border paperwork.) Unfortunately, after they withdrew, Motorcycling Ireland were unable to find anyone prepared to take the risk of insuring Irish events. (Usual cause of insurance companies refusing business is a bad accident record. Have any recent motorcycling events resulted in any big claims?) Seems to have moved on since then, but the lowest quote received was £400,000, which was too much for the clubs. I think it quite right that bystanders injured by crashing motor cyclists should be recompensed. If I'm hurt or my property is damaged, I expect someone to be held responsible. Big payouts and prison for negligence or wrong doing. It's not that society has become more litigious or risk averse, it's that people are being called on to pay for blunders. Should anyone expect the taxpayer or Insurance companies to cough up when fans don't? Nothing stopping them from sending money to Northern Ireland so that motorcycling events can continue. Dave
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JA | 10/02/2023 14:46:06 |
![]() 1605 forum posts 83 photos | It has to be remembered that some spectators are real idiots. I remember, when I was much younger, sitting on the grass bank 100 yards down track from Creg-ny-Baa with bikes passing within 3 feet of my legs. I noticed last year, watching on TV, that the whole area was roped off. It was so much better when I was young. JA Enough said. Edited By JA on 10/02/2023 14:48:06 |
mgnbuk | 10/02/2023 14:55:22 |
1394 forum posts 103 photos | I'm against funding freebies for motorcycle fans when nurses are being asked to pay for inflation..... Should anyone expect the taxpayer or Insurance companies to cough up when fans don't? How much do the visitors who come to NI for the motorcycle events contribute to the economy there ? Ferries, accomodation, hospitality, fuel etc. I would expect that the extra tax revenues generated by such events would outweigh any investment by the NI Tourist authorities. Greater tax take = more money in the coffers to pay nurses more ? Nigel B. |
JimmieS | 10/02/2023 15:25:24 |
310 forum posts 1 photos | Recent update https://www.belfasttelegraph.co.uk/sport/motorcycling/motorcycle-union-preparing-rescue-package-to-prevent-loss-of-ni-road-races/1444134401.html |
Chris Evans 6 | 10/02/2023 17:11:48 |
![]() 2156 forum posts | I have been a very regular visitor to Northern Ireland for the last 50+ years and enjoyed the pure roads racing. A few years ago at the Ulster GP racing was stopped when a spectator tried to take a "Selfie" and a rider went down. No one can allow for stupid. |
old mart | 10/02/2023 18:17:09 |
4655 forum posts 304 photos | Thats a tragedy, it will cost people quite a lot to bring their vans and bikes over to the UK mainland to compete. I had never thought about the insurance needed for the sport. I assumed that each competitor had insurance. |
Michael Horley | 10/02/2023 18:42:25 |
22 forum posts 2 photos | Someone on the radio earlier said these events put £16 million plus into the N.Ireland economy. If that is true then spending taxpayers money on insurance would be money well spent. |
Frances IoM | 10/02/2023 19:06:11 |
1395 forum posts 30 photos | I doubt very much if those revenue figures are totally honest - certainly those of the TT are heavily questioned with many costs (eg that of closing key roads + the cost of maintaining them to a racing standard) ignored or deemed 'commercially sensitive'. The TT kills about 1.5% of entrants and seriously maims about the same. In 2022 by severely restricting max road speeds there were I think no visitor deaths - in the past these have also been significant |
Robert Atkinson 2 | 10/02/2023 19:41:07 |
![]() 1891 forum posts 37 photos | I'm not a motocyclist or fan but this thread brough back memories. I think society has become more litigious. Robert. |
duncan webster | 10/02/2023 20:31:04 |
5307 forum posts 83 photos | I blame ambulance chasing solicitors. |
Nigel Graham 2 | 10/02/2023 22:23:28 |
3293 forum posts 112 photos | A lot of the "ambulance chasers" that sprang up in the 1990s soon went out of business because thankfully, a higher proportion of claims are rejected or at least never go to court, than in some other countries. What the insurance companies seem not to think though, is that the more they crush events out of existence, or reject cover on totally spurious grounds, the less income they have to cover the relatively few claims they do settle. By "spurious grounds" I mean ones that do not stand up to any knowledge of the subject; but are based on ignorance and prejudice. |
jimmy b | 11/02/2023 03:45:04 |
![]() 857 forum posts 45 photos | Posted by SillyOldDuffer on 10/02/2023 13:41:58:
when nurses are being asked to pay for inflation. Why single out the nurses? They have and are getting increases (along with the rest of the public sector) above the private sector.
Jim |
Roderick Jenkins | 11/02/2023 09:58:16 |
![]() 2376 forum posts 800 photos |
From the Office of National Statistics: "Average regular pay growth for the private sector was 7.2% in September to November 2022, and 3.3% for the public sector; outside of the height of the coronavirus pandemic period, this is the largest growth rate seen for the private sector." Rod |
Jelly | 11/02/2023 09:59:33 |
![]() 474 forum posts 103 photos | Posted by jimmy b on 11/02/2023 03:45:04:
Posted by SillyOldDuffer on 10/02/2023 13:41:58:
when nurses are being asked to pay for inflation. Why single out the nurses? They have and are getting increases (along with the rest of the public sector) above the private sector.
Jim If you think the pay increases the nurses and other public sector workers have received in any year in the past decade are "above private sector" then you need to find a new employer.
At this point i'm even finding it easy to have sympathy with the junior doctors, after I realised my former employer pays office administrators almost what an FY1 doctor earns. Edited By Jelly on 11/02/2023 10:04:36 |
This thread is closed.
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