Oireachtas Joint and Select Committees
Wednesday, 15 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Issues: Engagement with Insurance Companies
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
The Oireachtas-enacted Judicial Council Act gave powers to the Judicial Council to bring in guidelines. It has resulted in a reduction implemented by the courts. I expect to see premiums come down significantly as a result of those new personal injury guidelines. We are only nine months out from the introduction of the guidelines but I want to see on behalf of the consumer a greater reduction in premiums from the representatives before us.
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