Dáil debates

Thursday, 28 April 2022

Ceisteanna Eile - Other Questions

Insurance Industry

9:40 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I thank the Deputy for highlighting those points. The national claims information database, which is compiled by the Central Bank, is unique and provides a level of information that is not available in any other EU country.

An issue that has cropped up at all our meetings is that of pinch points. We are dealing with those very specifically on an area-by-area basis. This week we completed the Second Stage reading of the Insurance (Miscellaneous Provisions) Bill 2022. I hope it will go to Committee Stage shortly. It includes the issue of dealing with price walking which some people say is part of dual pricing. I want to acknowledge the ongoing work of Deputy Doherty on this matter over some time. We are bringing in specific aspects of that through our legislation. We are also dealing with State payments that insurance companies may have taken into consideration. That matter is before the courts.

In the immediate future, the legislation on duty of care will be going to the Cabinet. It is very important. The Personal Injuries Assessment Board, PIAB, legislation is also in the system. Test cases are holding up some of the delivery of those items.

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