Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

As the Minister rightly said, there is shared concern right across the House about the escalation in motor insurance premium costs. The official statistics from the CSO show increases of 34% in the past 12 months. Premiums are up by a whopping 60% since January 2014. I accept that the Government does not control motor insurance premiums. As the Minister knows, I have advocated for the reinstatement of the Motor Insurance Advisory Board which was very successful, but as outlined in his response, he has opted instead for a Department-led review. When the motor insurance element is completed - he signalled that he expects it to be completed shortly - could it lead to policy initiatives or will he wait for the entire review to be completed?

As the Minister indicated, the review is likely to be completed towards the end of the year.

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