Jackie Cahill (Tipperary, Fianna Fail) | Oireachtas source

I will be brief to allow Deputy Michael McGrath, who brought forward this motion, time to sum up. Foreign based companies have let down insurance in this country. This motion is timely. We need to tidy up the mess of Setanta Insurance and Quinn Insurance and to address the future of the compensation levy. The rising cost of insurance must be tackled because it is crippling individuals and industry across the country, be that young drivers, small businesses, hackney or taxi drivers and so on. The escalating cost of motor insurance must be tackled. This Fianna Fáil motion is a concentrated effort to reduce the cost of insurance to business and individuals.

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