Dáil debates
Wednesday, 27 September 2017
Questions on Promised Legislation
1:50 pm
Peter Fitzpatrick (Louth, Fine Gael) | Oireachtas source
On the insurance (amendment) Bill, among the issues raised in the Supreme Court ruling on the Setanta case was that it provided for an increase from 65% to 100% in the level of coverage provided by the insurance compensation fund, ICF, for third party motorist claims.
This increase will be funded by the insurance industry and a mechanism will be put in place to protect the industry should a motor insurer be liquidated. When can we expect the legislation to come before the House?
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