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
I will check with my officials to see whether a body such as Insurance Ireland has produced anything to back up the figure of €50 put on the level of fraud. I understand the industry is looking at what is happening internationally. I disagree with the Deputy; we should absolutely use the industry's figures. If it states the figure is €50, we should say we will tackle the issues it has highlighted to us. If its information is not substantiated through research or by the evidence, we can use it against it. We should do our own work to tackle the cost of premiums.
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