Results 11,441-11,460 of 35,756 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: What are the different parts? I have asked twice and will ask for a third time about the Courts Service and PIAB. What is the other part of the claims settlement process? Is it just the insurance companies themselves?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Outside of courts and PIAB, on which Insurance Ireland is refusing to give the total figures-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: -----what is the other part of settlement of claims? Is it just the insurance companies themselves?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Outside the courts and PIAB, is it the insurance company that agrees a settlement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I will ask for the third time. If the witnesses do not want to put the figures on the record, I will put the figures on the record. I am not asking about individuals or the fact that a whiplash got paid a certain amount. What is the total amount the insurance sector paid out in personal injury claims through the courts and through PIAB in 2014 compared with 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Is it fair to say that between the Courts Service and the Personal Injuries Assessment Board, which deal with all claims outside the insurance industry itself settling the claim, there has been a 15% drop in the total amount of payouts for claims by insurance companies through the years 2014 to 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: There has been a 22% drop in the number of people making claims and a 15% drop in the number of claims that are being paid out, outside the insurance industry itself that is settling claims between insurance companies or claimants. During that same period from 2014 to 2017 by how much have motor insurance premiums increased?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Is it windscreens that are driving the problem and not personal injuries?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Hang on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Mr. Horan can say whatever he wants here; I want to deal with facts. I want to use Insurance Ireland's facts. Mr. Horan started off by saying he "disputed": does he dispute the fact that there have been 55,000 fewer claims and a 22% reduction between 2014 and 2017?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Just "Yes" or "No".
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: The value of awards and payouts has come down by 15%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I know and I will get to that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Can Mr. Horan answer the question? Where did motor premiums go between 2014 and 2017, when we had a 22% reduction in the number of claims and a 15% reduction in the value of claims?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Mr. Horan is making a claim. Let us back this up with fact. I call on Insurance Ireland to give me the average price of insurance for an insured motorised vehicle in 2014 and the average price for an insured vehicle in 2017. We do not have the 2018 data because they have not been published yet. I call on Mr. Horan to give me those two numbers to back up his claim that premiums have been...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I must interrupt here. I have asked Mr. Hassett to back up that claim as well. Is it not the case that the Insurance Ireland fact file gives the average price per insured vehicle and then gives the average price in 2017? Is it not the case that using those data we see an increase in premiums rather than a reduction? Again, we have the insurance industry suggesting that premiums peaked in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I am taking about the annual report of Insurance Ireland.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I am seeking clarity on this point. Is Insurance Ireland telling the committee that the average premium for an insured vehicle in the State decreased in 2017?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Insurance Ireland cannot tell us about individual figures but the organisation has the average across the industry.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Insurance Ireland has completely disputed that. It has disputed it with the Department of Finance in the context of the motor insurance group. It has suggested that the CSO collection of data is wrong. We all know that it uses only one subset of insurance. In any event, Insurance Ireland provides data to its European colleagues for the reporting they do across the motor insurance...