Paul Kehoe (Wexford, Fine Gael) | Oireachtas source

-----and is working with all of the relevant stakeholders, Departments and offices to identify immediate and long term measures that can address the rising cost of insurance. Consultation with the relevant stakeholders is ongoing. The working group looks forward to receiving the report of the Joint Oireachtas Committee on Finance, Public Expenditure and Reform and the Taoiseach on this matter. The working group will provide an update to the Minister for Finance at the end of the month, in which it will set out the priority actions required. The working group will then develop an action plan to enable the relevant Departments and offices to commence implementation of these priority actions by December.

Like Deputy Mattie McGrath, I have spoken to the president and other members of the Irish Road Haulage Association. I met recently with a number of hauliers who are being crippled by the rising cost of motor insurance. This is a matter of huge concern for them and young drivers. My car insurance increased this year from €350 to €950. That is unacceptable. Families are being crippled by the rising cost of motor insurance. Most young people now have cars and every household is reliant on a car.

I take on board all of the sentiments expressed by the Deputy and I will refer them directly to the Minister of State, Deputy Eoghan Murphy.

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