Oireachtas Joint and Select Committees

Tuesday, 25 September 2012

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation

3:45 pm

Photo of Marcella Corcoran KennedyMarcella Corcoran Kennedy (Laois-Offaly, Fine Gael) | Oireachtas source

Can I refer back to the corporate social responsibility? I might not be making myself clear. The insurance companies must pay out as a result of flooding. Do the witnesses not see a role for the industry in, to put it baldly, stumping up some cash to help out in this regard because they will benefit in the end?

That is the kind of responsibility I was thinking of. Why is it assumed the State will always do this? The insurance industry is a profitable global industry. There must be some mechanism for the industry to help us out. Earlier, the Chairman referred to the fact that Ireland is one of the safest countries to insure in and surely it must be possible to do what I suggest.

Comments

No comments

Log in or join to post a public comment.