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

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

We started off looking at insurance because we had suspicions that a cartel was in operation and that things were going on in the insurance industry that were putting huge premiums on people and that they were basically robbing people. It returns to Ms Murray's comments and what Ms Dorothea Dowling has been saying about the black hole and the amount of claims versus what is taken in. She had identified something like €2 billion black hole. The industry is running rings around this Government and around citizens and they will continue to do that until we force through the situation. The 25 days mentioned earlier keeps coming to mind. We need emergency legislation. We can pass legislation through on many other things, and we had weeks for Brexit legislation. For me, the job losses and the impact on society and communities and so on, this needs to be treated like emergency legislation.

Comments

No comments

Log in or join to post a public comment.