Oireachtas Joint and Select Committees

Thursday, 13 June 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Cost of Insurance Working Group: Minister of State at the Department of Finance

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The Minister of State indicated that he has asked. I am not questioning that and I do not want to go into that space. When I stated earlier that the Minister of State had been let down, I was not talking about his Government colleagues, I was talking about his parliamentary colleagues. We need a commitment from the industry, as was given in 2002, that reforms will result in reductions in the cost of insurance. That is what consumers want.

There has been much toing and froing, juggling and manoeuvring. I welcome the Judicial Council Bill. A filibuster was taking place and it was being delayed. People need to look at themselves in that regard. The amendments have taken a long time. I am glad to hear the Minister of State say that they are ready and that the Bill will go to the Seanad next week.

There are many ifs involved and there are things we do not know because we are putting this into the hands of judges. Does the Minister of State have a plan B? We set up a seven-person panel of judges. What if the panel comes back and says the level of awards and the book of quantum are fine? What is plan B? Is there one? Can anything else be done? That is the right course of action now but-----

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