Results 10,601-10,620 of 12,388 for speaker:Paul Murphy
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paul Murphy: "Dismissed" as in their claim was dismissed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: I thank the witnesses for the presentations, which are informative. To start with Mr. Faughnan and the AA, what is striking, and it confirms our empirical experience and, I am sure, that of the AA, is the survey which finds that of all the motoring issues car insurance is the No. 1 issue, with 93% of people saying it is the most important issue. Mr. Faughnan used the formulation, which is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: That is also our experience. On the question of the older cars, and we have younger drivers and older drivers represented, what is the insurance company's justification for higher premiums for older cars? I understand there can be a point in terms of older cars not having the same safety equipment - roll barriers and so on - inside the car that newer cars would have. Is that it or is there...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: Effectively, that profiling is targeting younger drivers and lower income drivers. Is it consciously the case that-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: Mr. Faughnan says it is not about the car.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: It is about the profile. I understand that. That makes sense, but what is the problem with the profile of people who have older cars? Are they more likely to claim?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: Mr. Faughnan mentioned also the car insurance companies undermining the Personal Injuries Assessment Board. I presume the figure of 20% used to be higher and that it has come down. How does it work in practice? How do they act in order to undermine it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: An issue for this committee and for everyone who follows these proceedings is assessing the balance in terms of the causation factors for the premiums increasing. Obviously, an element of that is profit. According to the blue book, over the past 20 years, something like €2.86 billion in pre-tax profit has been made by insurance companies. It is a lot of money. Clearly, if the profit...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: I thank Mr. Faughnan. Fair play to Mr. Kian Griffin on the work he has done in trying to mobilise people. What is his experience in terms of getting people together, campaigning on the issue and trying to raise it? What is the response? I can understand that the response of the insurance sector is what it is but what is the response of young drivers, etc.? What kind of success has he had?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: We share our experiences.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: The basic point is about younger drivers who feel ripped off by the car insurance sector. That is certainly a sentiment. Is it Mr. Griffin's assessment that they are correct to feel ripped off? The Central Bank stated that younger policyholders continue to present the highest average surpluses, that is, for every €1 in car insurance paid by younger drivers, the car insurance...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)
Paul Murphy: Finally, I have one question for Mr. Moran. He presented a clear argument and case that there is no rational reason for the extra that older drivers are paying. What is the position in other jurisdictions? Do older drivers in other jurisdictions also pay over the odds or what is the comparative?
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: It is 35% of-----
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: On a couple of occasions, the Government has been embarrassed by making statements in respect of which it is later contradicted by the European Commission. It strikes me that the same may have happened this morning on the confidentiality of the Commission's ruling. The Taoiseach, in response to Deputy Boyd Barrett, said that the document was in the ownership of the European Commission and...
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: Dublin is pretty good too.
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: We will be moving the amendment on behalf of the Anti-Austerity Alliance-People Before Profit. I also express our solidarity and support for the Dublin Bus workers who go on strike tomorrow. It will be very instructive to watch the difference in how those low-paid workers seeking a modest pay increase are treated compared with how Apple, one of the biggest corporations in the world, is...
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: It is still there.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)
Paul Murphy: I thank the Minister of State. Apologies, I missed earlier. It is one of those days. Listening to what the Minister of State stated in the radio interview this morning, the key repeated phrase is "managing expectations". That is not complex code. It is code stating that what motorists expect is that the massive hikes in premiums and the discrimination against all sorts of different...
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: Is that what-----
- Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)
Paul Murphy: Is Apple the few and the small now?