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
I will close out on this point. What we are hearing is that the commission will look at one element of what is effectively a much bigger picture, if I am to sum up its contribution. As the Chairman articulated, there is still the issue of data, of having perfect knowledge within the sector. It is clear that in the absence of perfect knowledge, we, as legislators, are in the dark. If we are expected by the consumer to make a set of recommendations, until we have access to that data and those databases, in terms of the qualitative analysis of that data, the industry can continue to behave as it has behaved.
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