Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

A number of issues of great concern have arisen around the insurance industry in recent times. The first, in sequence, was the collapse of Setanta Insurance, a Maltese-registered company, which gave rise to many people being off cover. The task force addressed the issue arising from Setanta Insurance first of all.

The report was presented to Government today and it will be published. The recommendations of that report was the first phase of the work of the task force. It is now moving on to an in-depth examination of the difficulties in motor insurance, which work it will complete with all due expedition, allowing for the fact that as August is a holiday period not everybody relevant will be available during that month.

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