Dáil debates
Tuesday, 7 March 2023
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Insurance Industry
10:15 pm
Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source
I am afraid it does. The NCID has been enhanced to collect additional data following the introduction of the personal injury guidelines. The fourth private motor report, published in November 2022, shows some initial data on the guidelines up to the end of 2021. This will be developed in future reports. As Minister of State with special responsibility for insurance, I have engaged with PIAB to see how things are going and to work out any process issues it is facing, if any. This is a very practical implementation of an action plan on insurance reform that has whole-of-government support, has delivered very meaningful change in the insurance landscape, has reduced premiums and has brought about a better stickiness of awards at PIAB. We have to stick with it and see it through all the way.
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