Micheál Martin (Cork South-Central, Fianna Fail) | Oireachtas source

I thank the Deputy for again very strongly and correctly highlighting an issue that is of huge concern to homeowners in the areas he has mentioned and which he represents. There is a big issue here, particularly where flood relief schemes have been introduced and where remedial measures have happened because of Government intervention and investment. Over the past number of years, we have been involved in significant insurance reform in respect of issues that were raised with us by the industry. I am not so sure we have got the reciprocal response, given the reforms that we have carried out. The industry needs to do more to respond to the initiates that Government has taken. The insurance industry is part of society. It needs to respond more adequately to the issues raised by the Deputy. There is an insurance sub-committee of Cabinet at which I will raise this issue in terms of how we and the Minister of State at the Department of Finance engage with the industry on the very specific topic raised.

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