Results 1-8 of 8 for in 'Dáil debates' segment:1718133
- Insurance Industry. (10 Feb 2004)
Brendan Howlin: Question 109: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the progress made to date with regard to the implementation of her action plan for the insurance industry; the elements of the plan yet to be implemented; the timetable for the implementation of the different elements of the plan; if she intends to take steps to deal, in the meantime, with the escalating cost...
- Insurance Industry. (10 Feb 2004)
Mary Harney: The insurance reform programme that I announced on 25 October 2002 comprises a comprehensive set of inter-related measures designed to improve the functioning of the insurance market. I chair a ministerial committee established to drive the co-ordinated implementation of this reform programme across the relevant Departments and other bodies concerned. Substantial progress is being made on a...
- Insurance Industry. (10 Feb 2004)
Brendan Howlin: The Tánaiste said she published her action plan for insurance industry reform in October 2002, a plan containing 67 measures. It is now 2004. How many of those measures are outstanding and what is the timeframe for the full implementation of all 67 measures? What is the inflation index on which she is working with her Department regarding insurance premia costs for 2004 for each of the...
- Insurance Industry. (10 Feb 2004)
Mary Harney: I have concentrated on the implementation of the recommendations which would reduce price, such as the establishment of the PIAB, the introduction by the Minister for Justice, Equality and Law Reform of the court and civil liability Bill, which was cleared at Cabinet today, and the introduction of the penalty points system and other road safety measures. We have concentrated on the areas...
- Insurance Industry. (10 Feb 2004)
Brendan Howlin: Of how much?
- Insurance Industry. (10 Feb 2004)
Mary Harney: I cannot put a figure on it but it should be quite substantial. If the decrease was 11% from 2002 to 2003, I expect it to be greater this year because the impact of the measures implemented is only now coming through. With regard to motor insurance, anecdotal as opposed to hard evidence suggests there are reductions in some cases of 40% to 50%. Nevertheless, while that is the evidence...
- Insurance Industry. (10 Feb 2004)
Brendan Howlin: The Tánaiste has given the figure of 11% for the decrease in motor insurance costs. What is the figure for business insurance costs, including public liability costs? Does she expect a significant reduction in that category of costs during 2004? She will be aware that many small businesses in particular are vulnerable and regard insurance costs as the second greatest pressure in regard to...
- Insurance Industry. (10 Feb 2004)
Mary Harney: The chief executive of the PIAB was appointed and took up her position on 2 February last. The IT system and headquarters have been secured and the chief executive is now in the process of recruiting the staff required to assist her in the task. I met with her only last week and she is anxious to ensure that everything is in order before the board opens for business, given the importance of...