Dáil debates

Thursday, 26 September 2019

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

Insurance Costs

10:55 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Regarding the leisure sector, the reason the schedule I have in place is to the end of this year is that I want the industry to be able to get insurance in the early part of next year for next year. I realise it will not be in time for everybody, by which I am deeply saddened. However, if we can get the Judiciary to reduce the guidelines - I have met all of the insurance companies here, Insurance Ireland and all of the underwriters in London - in order that in 2020 the directional flow of awards will be downwards, the insurance companies will then participate. The era of somebody who gets a bang or has a bruise getting €8,000 or €10,000 and €40,000 in fees is ending.

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