Oireachtas Joint and Select Committees
Tuesday, 19 March 2013
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Property Insurance: Discussion (Resumed) with Irish Insurance Federation
3:00 pm
Michael McCarthy (Cork South West, Labour) | Oireachtas source
We have had witnesses speaking on this topic in recent weeks who reported very clear allegations and concerns. Last week clear allegations were made that some operators in the industry were operating as a cartel. Another aspect of that allegation was that some companies might exclude cover in an area, in the full knowledge their competitors might be doing the same, the result being a cartel. That view was expressed in great detail by a number of people in different areas who had been affected. As well as answering Deputy Humphreys's question, how would the witnesses respond to that specific allegation?
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