Results 20,981-21,000 of 23,109 for speaker:Paddy Burke
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: I mean the individual.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: The individual person. If every individual had insurance, it would be in his or her own interest to keep the insurance down.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: If one is out walking, one has one's own personal insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Yes. Separate from motor insurance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Yes, it probably is.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Our job here is to try to find a solution to reduce the costs of insurance. Ms Moorehead mentioned two areas that would be a start. They are the appointment of a legal costs adjudicator and a revised book of quantum. Whose job is it to revise the book of quantum?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Was a book of quantum in place before the Injuries Board was established?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Whose is responsible for the legal costs adjudicator?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: It is only a question of the Minister for Justice and Equality making the order.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: On 20 April, the Minister for Finance identified a range of possible factors that contributed to the increase in the costs of motor insurance in Ireland in the past 12 months. Among the reasons noted by the Minister were the frequency and scale of claims, the cost of claims and the operation of the insurance market. The Minister noted an increase in the frequency of claims over the past...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Is Mr. Gilhooly saying that the Minister's information is not accurate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: The Minister set up a working group. Did the Bar Council make any submission to it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: The Minister for Finance, Deputy Noonan, set up a working group.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: It is the Department of Finance, yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: In its submission today the Law Society calls for a new task force along the lines of the Motor Insurance Advisory Board, MIAB. Is there a difference between the task force and the review committee set up by the Department of Finance or the Minister for Finance?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)
Paddy Burke: Is Mr. Gilhooly saying that would be a better way forward than just having a working group?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Paddy Burke: Various stakeholders have been before this committee but none has taken responsibility for the increase in costs. It is nobody's fault that cost of premiums has risen by 70% in the past three years, which is a staggering figure. According to the submission from the Personal Injuries Assessment Board, PIAB, the figures show that personal injuries motor claims volumes and average award values...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Paddy Burke: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (14 Sep 2016)
Paddy Burke: The Society of Actuaries does not make any recommendations concerning the book of quantum. Is that correct?