Oireachtas Joint and Select Committees
Thursday, 24 November 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Costs of Motor Insurance: Discussion (Resumed)
9:30 am
Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source
The Senator is right. The idea that we would blame people who have made a legitimate claim is unfair. The purpose of an insurance company is to pay out on claims when an accident happens. That is insurance. We must maintain that at the core of a properly functioning insurance market, but we must also recognise in the information that we have seen that fraudulent or exaggerated claims are being made. We have recommendations that speak to this matter.
We are examining the recommendations of the committee's report and determining what further research might be necessary in order to incorporate them. I want us to work together on this.
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