Results 4,861-4,880 of 6,295 for speaker:Michael D'Arcy

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: That would be unreasonable if somebody did not have the opportunity. Somebody could be injured and in hospital for a month or five weeks. If we prevent that person from making a claim, that would be unfair. The person has to show grounds for why he or she did not present to give the insured person the opportunity to have the evidence of the video footage retained.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: We cannot do anything.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: It is a matter for the Judiciary to reduce the awards.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: We have put the question to the Attorney General. The Attorney General was satisfied it was not a "yes" or "no" answer. In the civil court it is a matter between two individuals, one individual perhaps being an insurance company and the other individual making the claim. The Oireachtas does not intervene there. The issue is about trying to get the Judiciary to adhere to the book of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: That is correct.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: That is why we have asked the Law Reform Commission to take on this matter. People have a constitutional right to access courts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: As a result, to date we do not think the Oireachtas has the right to do so. If the Law Reform Commission takes on this body of work, the process will be fed into by consultation. Following that consultation, perhaps the commission can come back to us with a clearer position on the matter. As of now, the Oireachtas probably cannot do so.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: I must disagree with the Vice Chairman and stress the figures for motor insurance are in my favour and not his. According to the CSO, there had been a 57% increase in insurance premiums but since they reached their peak, there has been a 20% reduction in motor insurance premiums.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: The end of 2015 and early 2016.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: I hope that the Vice Chairman challenged his insurance provider when it quoted a certain amount for insurance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: I hope that the Vice Chairman shopped around. All those who have listened to my advice to shop around have had their car insurance premium reduced if it is a similar car with a similar mileage and no penalty points awarded or change in circumstances

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Yes, according to the CSO figures.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: These are not my figures. They are independent figures. I have requested something that did not form part of the cost of insurance working group. I have a small business and employ people and so I pay a number of insurance fees. One of the things that I have asked, and it will happen soon, relates to the cost of insurance last year. As a small employer and businessman I have 11...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: Or do bungee jumps.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: The question is, which is the bigger issue, fraudulent or exaggerated claims? I do not know.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Update on Insurance Matters and Implementation of the Report on the Cost of Motor Insurance: Discussion (29 May 2018)

Michael D'Arcy: An example of a fraudulent claim is where somebody stages an accident. Let us say there is a fully staged accident with a number of participants, one person rear-ends somebody else and a person claims to have been injured. An exaggeration is where somebody has been in an accident.