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

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

I am conscious that we have discussed motor insurance a great deal. It is an important issue, but so are public liability and other types of insurance. I might have been in the Chair when the Minister of State previously said that, if people wanted high payouts, there would have to be high premiums. It was not a case of "Get over it", only "That is the way it is". There is a large window for people who have had accidents or claimed to have had them to, for example, return to a licensed premises, restaurant or night club one year, 11 months and 30 days later and say that something happened two years earlier. Many of the staff will have changed, GDPR will have required the venue to get rid of its CCTV footage and so on. How do we tackle that situation?

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