Oireachtas Joint and Select Committees

Thursday, 16 December 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of Insurance (Miscellaneous Provisions) Bill 2021: Discussion

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

I was referring to what Ms Sheridan said about consumers not having the opportunity to submit relevant evidence and that she was not informed of the settlement. It was that issue I was referring to. I could be wrong and am happy to be corrected but it is my understanding that under section 16(4) of the Consumer Insurance Contracts Act, sponsored by my colleague Deputy Pearse Doherty and signed into law in 2019, insurers are required to notify consumers of a claim made against their policy, give them an opportunity to submit relevant evidence and inform a consumer if a settlement has been made. Are insurers following that requirement? It would be important for us all to know that.

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