Dara Calleary (Mayo, Fianna Fail) | Oireachtas source

In this morning's Irish Independent we read the news that Qudos Insurance, an insurance underwriting company which underwrites 50,000 people in this country, has gone into liquidation and may not be in a position to pay out on any existing claims. This is eerily similar to the Setanta story from a number of years ago, which has still not been resolved. Insurance is another matter about which the Government is putting its head in the sand. What plans are there to deal with the Qudos Insurance situation? What plans does the Government have to ask the Central Bank to take a hold of the insurance industry and give stability and certainty to policyholders?

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