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
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
May I ask if the insurance companies would at least furnish us with the percentage of fraudulent claims they deal with? This was brought up previously by another Deputy in this committee. There was a controversy at the time between the estimated percentage of claims that are deemed, understood or at least priced to be fraudulent within the insurance companies and the amount that actually go to the Garda. As legislators it is important we know the difficulties. If many fraudulent claims are coming in and if, for whatever reason, insurance companies cannot act upon them in a legal capacity, with a cost being added to insurance as a result, we need to know why that is, how much it is or what proportion it is.
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