Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
This is the issue. We have listened to discussion on this issue for quite a while. As I said, I know there are issues with fraudulent and exaggerated claims but they are not occurring on the scale the witnesses are suggesting, and the last ten minutes have just proved that. We have heard figures such as 20%, 10% and so on. Ms Muldoon is shaking her head, but either FBD is failing as a company to report fraudulent claims or it is completely overestimating the number of fraudulent claims in statements to the public because it has reported fewer than 19 of them.
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