Oireachtas Joint and Select Committees
Wednesday, 19 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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I could be dabbling in the margins here but, out of the numerous complaints brought to my attention, I have chosen one that is a standout type of complaint, and it is not the only one. I just do not understand this argument we have had here for years abut insurance premiums. Regarding the decision of the Judicial Council, Mr. O'Rourke said that quite a number of the judges voted against the proposals and his concern now is that they might ignore the proposals and continue in their old ways. That is what I am taking from what he said. He also referred to solicitors and how they might be into activities that would retain their high levels of fees. That is a throwback to when we first started this discussion. The solicitors blame the insurance companies, the insurance companies blame the solicitors, everyone blames the judges and the customer gets screwed. It seems we are back in that territory again.