Oireachtas Joint and Select Committees

Thursday, 1 June 2017

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

Motor Insurance Costs: Minister of State at the Department of Finance

10:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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Yes. That book of quantum was the first book published in approximately ten years. We want to publish the book of quantum on a rolling basis, at least every three years, if not more frequently. We are also looking at a whole new type of book of quantum, which in the ideal scenario would be published by the Judiciary itself, but that is something for it to decide to do. It would contain not just a reflection of the awards given but a guide as to what awards should be given and much more granularity and detail around that. It is on pages 100 and 101 in the cost of insurance working group's report. It will give an idea of the type of detail the personal injuries commission will deliver. It will be published in tandem with the book of quantum and might even be published more frequently. We are going to be looking at something quite new in the future.