Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The insurance crisis gripping this State is one that affects all sectors and regions. We know it is squeezing incomes, crippling businesses, damaging communities, hitting jobs and putting serious pressure on motorists. A recent survey by Public Participation Networks found that 83% of groups in the voluntary and community sector were hit with insurance hikes in the past three years. Despite repeated claims by the Minister that the cost of motor insurance is coming down since the peak of 2016, it is not the case and he should stop repeating that. We know that it increased from 2016 from 2017 and is likely to raise again. These figures are from the insurance industry. When will we see serious change in respect of this? When will we see the sectors that are no longer able to get cover from insurance companies being able to continue to operate? When will motorists see premiums fall and fall significantly? When will we see the enactment of the section of the Judicial Council Act that allows for the review of awards?

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