Oireachtas Joint and Select Committees
Thursday, 4 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Costs for Small and Medium Businesses: Discussion
Gerry Horkan (Fianna Fail) | Oireachtas source
One of the points Mr. McMahon is making is that there is an incentive involved. There would not be as many people applying for compensation if whiplash claims were resulting in awards of €1,500 rather than €15,000 or €25,000. The point has been made that if one tries to rob a bank and one is caught, one will possibly go to jail and have a criminal record. What happens to a person who is found to be making a fraudulent claim? What does FBD do with such claims? Does it send all of the details to the Garda fraud squad? Are people who make fraudulent claims essentially told that they have been unlucky and asked to come back again the following week?
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