Margaret Murphy O'Mahony (Cork South West, Fianna Fail) | Oireachtas source

I thank Deputy Michael McGrath for bringing this motion before the House and commend him for the work he does in the field of insurance. It is very frustrating and disappointing that so many years after the collapse of Setanta Insurance, over 1,600 claims are still outstanding. The lives of the people involved in these claims are on hold. They find it very difficult to move without financial help. When we think of insurance, we are very conscious of the cost of it and how the premiums have increased. Very few of us think about who regulates the firms we insure our cars with. This motion will focus minds on that. It will also bring clarity as to who is responsible if another insurance company collapses. I ask the Minister of State, Deputy Breen, to support this motion.

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