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
John 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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