Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion (Resumed)
11:00 am
Gerry Horkan (Fianna Fail) | Oireachtas source
Mr. Redmond said that he was a member of the Motor Insurance Advisory Board, MIAB, in the past. It seems to me that we have done all of this before, multiple times and are now back to square one. We have implemented over 50 of the 67 recommendations in the last report and yet we still have very significant claims being paid out constantly.
We have anecdotal stories of people going down to court when one judge is supposed to be on, but all of a sudden he is not on and a different judge is on, so all of the figures have to be analysed again because the new judge pays out multiples of what the other judge normally pays out. It is very frustrating from our point of view, before we have written any reports, to hear that all of this stuff is being looked at and it is all coming back on us again. Are there any points that Ms Murphy would like us to put to Insurance Ireland if she were in our position?
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