Dáil debates

Thursday, 28 February 2019

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Insurance Costs

11:50 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Minister of State for his reply. I will give the example of a play centre in Cork. I know what I am about to say be a fact - there is no exaggeration. The play centre has made no claims in recent years. In 2016, its insurance was €3,500. In 2017, it was €5,500. In 2018, it was €10,000. Its renewal will happen in March and the quote it has received is for €18,500. That will more than likely put the centre out of business. As the Minister of State well knows, this story is repeated throughout the country. We have a crisis in employer liability and public liability insurance costs for businesses. Where are we with the CSO's collection of data on premium pricing in respect of business insurance? Where are we in terms of dealing with awards? In practical terms, where are we on the question of fraud?

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