Oireachtas Joint and Select Committees

Thursday, 15 September 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Cost of Motor Insurance: Discussion (Resumed)

11:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

That is not the question. The question is whether the Competition and Consumer Protection Commission, CCPC, knew that there was little or no movement in the market and that companies were actually leaving it. As an authority, should the CCPC not have been proactive in alerting the legislators of this House to the difficulty, or should it not at least have brought in Insurance Ireland to ask why it was not sharing the data? Everyone who has come before us has raised the issue of sharing the data and it would appear to me that the CCPC did nothing about it.

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