Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Motor Insurance Costs: Minister of State at the Department of Finance

10:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

It will probably be the end of this year but it is too soon to know how many cases will be in that tranche. Some work has to be done to understand exactly what we can progress with now. The idea is to move with the cases which we understand have been settled so that the claims can be dealt with quickly. Matters will become difficult in circumstances where there claims that are still in dispute and that need to be resolved, either through the courts or by means of settlement with the liquidator. The latter is now a strong possibility given that we have the judgment.

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