Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Yesterday and previously, I and others raised the issue of the escalating demands by insurance companies in respect of renewal of premiums. I suggested that perhaps the Financial Regulator might get involved because there appears to be no basis whatsoever for the level of increase now being imposed on people. Attributing the need for this to increased payouts is not the answer because an increase of up to 1,000% is taking place in some cases. Is there any progress on the possible input of the Financial Regulator?

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