Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The guidelines were adopted by the Judicial Council not weeks ago but months ago. They took effect on 24 April but Mr. Brennan is well aware of them. People are being charged by his company for renewal of motor or business insurance and are not getting the reduction, despite Zurich knowing damn well that if there is a claim in that policy over the next 12 months, the cost of paying out on that claim is now substantially reduced. Nevertheless, the company is pocketing the benefit, despite the commitments the industry gave to us. Mr. Brennan should not try to pretend this is something out of the blue. Why has Zurich not reduced costs over the past three weeks since these guidelines took effect, and why is it continuing to charge motorists and businesses extortionate premiums despite the level of awards having reduced in these cases by up to 60%?