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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The only way to tackle fraud is by enforcement. We cannot tackle fraudulent whiplash claims by reducing payouts because we would affect genuine claimants. We need to prosecute in order that it will be seen as a deterrent to engage in fraud. Many of the measures mentioned by the Minister of State such as medical assessments by the PIAB might offer a way to deal with it, but we also need to challenge the figures produced. I cannot state the insurance industry is making a profit of €200 on everybody's premiums and absorbing it to pay salaries and fat pensions. It would be wrong for me to answer, when the Minister of State asked me from where I had got the figure, that it was guess. I would have to be able to show from where it had come.

Comments

No comments

Log in or join to post a public comment.