Dáil debates

Tuesday, 7 March 2023

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Insurance Industry

10:05 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The new personal injury guidelines came into effect in April 2021 and the reforms were introduced to reduce the price for consumers, not to generate the savings and boost the profits of the insurance industry. There is growing frustration that the benefits of these reforms are being captured by the insurance industry and the companies, rather than being passed on to consumers and businesses. Is the Minister of State satisfied that the current pricing by insurance companies reflects the reforms that have taken effect in recent years?

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