Oireachtas Joint and Select Committees

Tuesday, 16 April 2013

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Property Insurance: Discussion (Resumed)

4:10 pm

Photo of Caít KeaneCaít Keane (Fine Gael) | Oireachtas source

Mr. Downey mentioned that agreed rates are forced on loss adjusters, particularly because of the black market situation. I would like him to make a recommendation to the joint committee regarding something we could do to flush out the black market. When builders submit contracts to public bodies, they must have C2 and VAT registration. Could it be made compulsory for people who apply to do work of this nature to have this kind of registration, perhaps for insurance purposes? What kind of recommendation does Mr. Downey think he could make?

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