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
Seán Sherlock (Cork East, Labour) | Oireachtas source
Forgive me, I have no wish to confuse the issue. From a statutory point of view, does the commission have the power to go into any insurance house? The commission is investigating the sector, effectively. Does it have the power or remit to go in to any insurance house, any of the big names? Three of the biggest names in the world in this sector begin with the letter A. Can representatives of the commission go in to those houses and explain that they work for the CCCP and want access to all the data on pay-outs? We know what the Injuries Board is doing. There is perfect knowledge of its activity and the average level of claims. Can commission representatives ask these firms about what is on the databases?
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