Dáil debates

Tuesday, 15 June 2021

Ceisteanna Eile - Other Questions

Insurance Industry

9:05 pm

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

I appreciate what the Minister is saying but it is of no use to the business in Belmullet that has seen the price of insurance increase by so much. It is already a scandal that insurance companies are trying to escape paying for business disruption, despite it being exactly the type of protection people in business pay for. We have seen the industry resist passing on any savings to people's motor insurance resulting from the lockdown, and we have seen insurance companies trying to deduct State supports from insurance claims. That is an outlandish attempt to turn business supports into insurance industry subsidies.

There is clearly a view in the insurance industry that they can get away with what they want. This attitude has been encouraged by successive governments that have failed to hold that insurance industry to account. The Government must give a message to the business in Belmullet that has seen its insurance costs increase because it even made a claim, never mind whether it was successful.

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