Oireachtas Joint and Select Committees
Thursday, 16 February 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Report on Cost of Motor Insurance: Minister of State at the Department of Finance
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I mentioned earlier that while I welcome some of the work that is being done many of the issues are being long-fingered. This work has been ongoing by the Department for a while now. Most of the recommendations are to either commence consultation or a review process. People were hoping for a bit of action. Recommendation No. 2 relates to the provision of additional information on the premiums breakdown to consumers, which is something Sinn Féin and the committee have called for. In regard to when we are likely to see something happen, the first action is to occur in quarter 4, 2017, which means we might have a consultation beginning before New Year's eve; that is ten months away and we might see legislation introduced in 15 months. Why do we have to wait another ten months before a consultation on this issue commences?
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