Pearse Doherty (Donegal South West, Sinn Fein)
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The Department was only informed of the problems within this company in late January. Thereafter, it basically hung 75,000 Irish customers of Setanta Insurance out to dry. I am not sure whether there were other options available but did the Department consider any? The customers in question paid their premiums to the company, which was regulated by the EU, and they would have expected to have their claims paid in full.