Dáil debates
Thursday, 16 December 2021
Ceisteanna Eile - Other Questions
Insurance Industry
11:20 am
Ruairí Ó Murchú (Louth, Sinn Fein) | Oireachtas source
This is obviously a case where a significant amount of work has been done. Some in the industry and some who have been lobbying for a long time would have stated that we should have made some of these moves previously but, as the old saying goes, we are where we are. I would separate out public liability insurance. That is a specific piece of work that needs to be done. It is absolutely necessary we follow through as quickly as possible in dealing with differential pricing and what you can only term morally as "criminal" as regards the loyalty penalties. We need to see that the personal injury guidelines work from the point of view of those who are paying insurance premiums. It has not happened to date. I want to know the Minister of State's engagements with the insurance sector and then we need to make moves on duty of care and other matters. I am also in on another question and we will get more time later.
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