Results 21,061-21,080 of 35,889 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: While we had a discussion here in the context of Mr. Carty representing brokers, he also is an underwriter and the director of an insurance company. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Yes. Is that ABP?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: As for Insure4Less, the company that is regulated by the Central Bank-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Is Mr. Carty a director of that company?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Could I buy motor insurance from Insure4Less today if I wished?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Consequently, Mr. Carty is the director of an insurance company.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Most people who saw the company's website would think they were getting insurance from the company. Is that correct? When such people receive their insurance particulars, would Insure4Less appear on the top of the page?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Were I to take out insurance, would I believe I was insured with Mr. Carty's company?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: I refer to the issue mentioned regarding the discs and any of the brokers can answer this question. I agree completely with the view that we should get rid of paper discs for both motor tax and insurance claims. When an insurance company issues a disc and an individual decides to pay by direct debit, as most people cannot afford the prices insurance companies now are asking of them, if that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: The insurance company does inform-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Consequently, the Garda is informed of all cancellations of insurance policies.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Very well. As for the data, the problem is when an individual still drives a car with an insurance disc for which he or she paid for the first month but for which the other 11 months now are cancelled, a garda who looks at or shines a torch on that disc has no way of knowing it is cancelled unless he goes into-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: I agree.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: However, it is not the reason for large insurance increases. Uninsured drivers and how they might be-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: I agree with that. I welcome the fact, which is why I said I agreed with it but I just wished to tease out that issue about the discs.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Yes, but in my view, the argument the industry is making is not valid. I will move on to some other areas. On the example Mr. Carty gave about the high payout in the courts, does he accept the statistics put out on the median payments to the effect that the increases are not at all significant?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Mr. Carty believes that High Court awards have increased substantially. Does he believe comments from some insurance companies that they have increased by 34% in the past year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: What does Mr. Carty believe to have been the level of increase?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (Resumed) (15 Sep 2016)
Pearse Doherty: Does Mr. Carty dispute that?