Barry Cowen (Laois-Offaly, Fianna Fail) | Oireachtas source

I thank the Tánaiste. I note her comment that she has an open mind on our suggestion. I hope and expect that she will exercise some action to elaborate on that open mind at Cabinet. The bottom line is that there are many criticisms of the regulation of the insurance industry, something on which the Government must act swiftly.

It is important that all political parties learn from the past in terms of the insurance sector. Insurance costs are out of control and the Government is merely meeting the industry to have frank discussions. There is no point telling us about the causes. People do not want to hear about the causes because they are well aware of them.

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