Results 4,881-4,900 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: Yes. That is a complete fraud.

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, it is planned fraud. An exaggerated claim is where somebody has been injured but he or she chooses to exaggerate his or her claim.

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 analysed the legislation and sanctions. We believe that the legislation is fine and I refer to sections 5, 25 and 26 of the Civil Liability and Court Act 2004. There is no issue with the legislation or the sanction. There is an issue with the pathway from where a judge in a civil court believes there is an element of fraud or exaggeration in the claim and suggests something should...

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 all parties, as far as I am concerned.

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: This matter does not require a specific Garda fraud unit to be established. Any garda can bring a case and investigate a case.

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: No, there is not.

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 have agreed with the Minister for Justice and Equality to try to conclude that and put a better pathway between the judge in the civil court, the Garda, the DPP and the insurance companies.

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: No.

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 major recommendation is that a new set of guidelines be drawn up between Insurance Ireland, the Garda and the DPP. It should be ensured in particular that any case dismissed in court on the grounds of false or misleading evidence, whether under section 26 or otherwise, is automatically at least considered for investigation by the Garda. It would be an automatic investigation,...

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 expect that before the end of the third quarter of this year.

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 will conclude this point by stating the working group strongly believes there is an onus on all of the insurance providers themselves to be more proactive in tackling fraud by fighting dubious claims, putting more resources into detection, building up a strong evidence basis and following up cases with the Garda at regular intervals. This reverts back to some of the insurance companies...

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: Even if the company did go back, it would only be a consultation. That is all, it is a matter for the insurance company.

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 do not think it would. It is the prospect 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: No. It is the prospect of having to pay the legal costs that is the bigger issue.

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: Senator Horkan should shop around.

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 could be the case. He may be a very low risk.

Seanad: Local Property Tax: Motion (30 May 2018)

Michael D'Arcy: I will answer the last question first. The submission period is closed. It was open for two weeks and was extended for a further week. It was on the Department's website and was also in the media. A total of 12 submissions were received. My proposal is designed to clarify the background to the local property tax, LPT, and its purpose and to note that a review of the tax is currently...

Seanad: Local Property Tax: Motion (30 May 2018)

Michael D'Arcy: We do indeed. We have extended the tax base, which was appropriate and correct. As I have said, a review is under way. I suggest that Senators wait until they see the outcome of the review. That is the appropriate thing to do. As Senator Paddy Burke said, the Minister for Finance is on record as stating he would expect the local property tax to be affordable. He has said this publicly.

Seanad: Local Property Tax: Motion (30 May 2018)

Michael D'Arcy: We will indeed.

Seanad: Local Property Tax: Motion (30 May 2018)

Michael D'Arcy: I expect it will be affordable, in line with what the Minister has said. Do we expect it to double or treble? That is not the expectation. Will it increase? I do not know but I have seen very few taxes decrease. They normally increase. The appropriate thing to do with taxation is to increase it in a careful incremental way by small amounts initially and that is how one increases the tax...