Results 101-120 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I thank Mr. Herron. They just do not feel like fighting it at all.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I thank Mr. McDonnell very much for his very detailed submission. I believe there were 52 recommendations, of which 26 are applicable to the Dáil and the Seanad as both Houses would deal with them. There are many recommendations there, some of which look relatively straightforward while others look more complicated. I do not want Mr. McDonnell to pick just one but can he suggest...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Higher premiums.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I thank Mr. McDonnell and all of the witnesses. I believe the last point made by Mr. McDonnell is one we have not heard before - that brokers are paid based on the premiums and not on the history or the claims record of the person.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I thank members for agreeing to my chairing the remainder of the session. I call Senator Paddy Burke.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: This is not really a motor insurance issue, although I take the point. It has been covered.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Perhaps but it is not within the remit of this committee. It may be an issue for the Department of Transport, Tourism and Sport or the committee on Transport, Tourism and Sport. There is no suggestion that this is to do with road safety. It is a regulatory issue that has come through the Department of Transport, Tourism and Sport.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Thank you, Senator.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: If I am correct, the witness is suggesting that if these rules and the Brexit effect are not taken account of, drivers will potentially drive more dangerously. Is that it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: And therefore ultimately drive up claims and premiums?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: That would affect motor insurance in the future as opposed to the historic impact of insurance that we are looking at so far.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: May I just interject to point out that, as far as I am aware, motor insurance is a legal requirement and one must have it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Are you saying that the individual driver should have it rather than the fleet?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Perhaps the Senator could tease that point out a little bit. When he says the individual, does he mean passengers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: 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)

Gerry Horkan: I think that might be slightly outside the remit of this committee.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: If it is okay with the Senator, we will continue with Deputy Fitzmaurice.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: Since last Wednesday we have heard that 71% of claims are being settled without recourse to either PIAB or the courts and we do not have any visibility as to whether they are bigger or smaller amounts than would be paid out by the courts. They could be twice what the courts would pay or half. Various members of the Judiciary might have different histories in terms of claim awards....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I welcome everyone to session B on the rising cost of motor insurance. We are joined by Mr. Ken Murphy and Mr. Stuart Gilhooly of the Law Society of Ireland and Mr. Paul McGarry SC and Ms Sara Moorhead of the Bar Council. I welcome them as well as the members and other visitors who are attending. The format of the meeting will be that the witnesses will make opening statements which will be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (13 Sep 2016)

Gerry Horkan: I am happy with that. Is that agreed? Agreed.