Oireachtas Joint and Select Committees
Thursday, 8 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion
11:00 am
Gerry Horkan (Fianna Fail) | Oireachtas source
I want to develop that point a little because it is a very relevant one. Between PIAB and the courts we are getting visibility to a certain extent on about 30% of claims. We do not appear to have any visibility on 70% of claims, where legal costs could be at 90% or at 9%, but we do not know. Mr. Fielding's comment, which I do not doubt is perfectly accurate and valid, is on Injuries Board figures, which refer to a relatively small component of the total number of claims established and finalised one way or the other.
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