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
Mr. Patrick Kenny:
If a company received a summons this week, the CEO’s general counsel would say, “I told you so many times, never mention price increases because you have put yourself in hazard. If somebody else acts on them you might as well have agreed with them.” The difference is that very often when we intervene in that way we track what happens and normal levels of activity are seen. In other cases, something else might happen. Then we have to ask whether that is the outcome that was predicted.
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