Frank O'Rourke (Kildare North, Fianna Fail) | Oireachtas source

What about some sort of formal regulator to consider the cost of insurance and price increases? Perhaps it is there already. The Motor Insurance Advisory Board, MIAB, could be reintroduced, even under a different name, as it worked well. The area should operate like utilities as there cannot be an increase without vetting and approval. Would something like that be of worth or importance? Is it something we should consider as well? Perhaps it is there but if it is, it is not working, that is for sure.