Oireachtas Joint and Select Committees
Thursday, 15 November 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Cost of Insurance Working Group Update: Discussion
9:30 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
Of course it has been impacted. The misapprehension here is that I can instruct insurance companies to do things or ask them to act in a certain way. If they refuse, we can then try to agree a protocol with Insurance Ireland, which only covers 70% of the sector. If the insurance companies say no to that, the only way forward is for the Oireachtas to pass legislation.
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