John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The Minister of State's report states that Insurance Ireland is to do certain things and provide certain reports. The Central Bank is to request new legislation. The Department of Finance and the EU are looking at something in terms of a report. The Department of Transport, Tourism and Sport is doing something else. They all come together and are represented within the Minister of State's group. It begs the question as to what were they doing over the past ten or 15 years. They have not modernised their IT systems. They have not brought forward legislation to modernise the courts system or the industry itself. The Personal Injuries Assessment Board should have been dealing with that. It has done nothing. It has just allowed the increases to creep into the marketplace to such an extent that whatever reduction we might come to enjoy in five or ten years will be nothing compared with the original premiums we paid.