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
Mr. Jackie McMahon:
I do not even think that there is a full acceptance that the level of awards within the full legal system is too high. After the last report, some of the commentary coming back was to the effect that claimants were entitled to those awards and were what they should be getting. There is a fundamental problem if people believe that those payout levels are okay.
The result is that premiums will stay high.
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