Oireachtas Joint and Select Committees
Wednesday, 18 December 2019
Joint Oireachtas Committee on Justice, Defence and Equality
Access to Justice and Legal Costs: Discussion (Resumed)
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
As we are probably talking about a ten-year period, there would be some 12,000 cases over that period. Has Insurance Ireland done any analysis of those? Once it rejects a case or rejects a settlement, it is more than likely that it goes into litigation or else the insurance company settles, which is unlikely if it is the one rejecting the settlement. When the case goes into litigation, that is adding the extra €20,000 or €30,000. For those 1,200 cases the companies have rejected per annum, has Insurance Ireland done any analysis as to whether it was cost effective for them to do so, that is, that there would have been a reduced cost in the courts?
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