Oireachtas Joint and Select Committees
Wednesday, 22 October 2025
Joint Oireachtas Committee on Enterprise, Tourism and Employment
Competitiveness and the Cost of Doing Business in Ireland: Discussion (Resumed)
2:00 am
Linda Nelson Murray (Fine Gael)
Mr. Hanley mentioned competition. We know we have not seen any new public liability insurers in the market in over ten years. He mentioned the personal injury guidelines, which we need to get from three years up to seven years, and we all worked together to make sure that they did not increase by 17% this year. That was incredible and was great to see happen.
Mr. Hanley did not mention legal fees. I attended the Injuries Resolution Board strategy launch last week in a packed room in Buswells. The Minister of State, Deputy Troy, and the Minister, Deputy Peter Burke, were there and they seemed to be on the same page. It was great to see the extra functions that the Injuries Resolution Board was going to have.
When Mr. Hanley talks about premiums coming down, am I correct that we are still seeing that more cases are being put through litigation than the Injuries Resolution Board and looking at fees of €23,000 to €24,000 on average compared to €1,000 going through the board?
No comments