Dáil debates
Tuesday, 17 January 2017
Other Questions
Motor Insurance Regulation
8:05 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
This is a long-running sore for many former Setanta policyholders. As the Minister knows the insurer collapsed in April 2014 and unfortunately almost 1,700 claimants remain hanging in limbo with their outstanding claims estimated to have an overall potential cost of about €95 million. This is a very serious issue in the lives of many people who have been largely forgotten about while the issue is playing itself out in the courts, currently before the Supreme Court. I ask the Minister for his views on how those with outstanding claims associated with the collapse of Setanta Insurance can be assisted.
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