Results 201-220 of 4,715 for speaker:Neale Richmond

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: I absolutely agree with the Deputy that we need to hold them to account and that we need to see downward pressure on prices. The Deputy cited CSO figures. I note that CSO figures, when compared with those from 2019, have gone down exactly 39.6% in motor insurance alone. We have the NCID data, which is the most robust form, that shows a consistent decrease in the price of insurance since...

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: An awful lot more to do and I very much want to work with the Deputy on this.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: I look forward to seeing the survey he said he concluded. Let us talk about that next week to see what we can do.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: We are just starting to see the returns now and it is going the right way.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: Motor insurance has.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: The Deputy used CSO figures and 39% is drastic.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: They are the figures the Deputy used himself.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: I take this opportunity to wish the Minister, Deputy Chambers, all the best in his new role. So far he has proven to be a very understanding and kind boss and I hope that continues for the next few months of the Government. I thank Deputy Doherty for the question. Insurance reform remains a key priority for the Government and the reform agenda has been set out via the action plan for...

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: As Deputy Doherty knows, not every ECOFIN Council is the same. Agendas are different. We all know that we are at an acute time in the European legislative calendar. It is not fair to cite two previous examples. They are not all the same.

Ceisteanna Eile - Other Questions: Insurance Industry (4 Jul 2024)

Neale Richmond: To address the clear point of the question, in 2021 Deputy Doherty introduced a Private Members' Bill, the Judicial Council (Amendment) Bill, to the Dáil. At its core, this would require insurers to provide information to the Central Bank of Ireland on the impact of personal injuries guidelines through amendment to the Judicial Council Act. On 30 May 2024 Deputy Doherty informed the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Neale Richmond: Two years ago, the Deputy was demanding an early budget.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Neale Richmond: The question was on diesel prices.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Insolvency Compensation Bill 2024: Committee Stage (3 Jul 2024)

Neale Richmond: I move amendment No. 1: In page 8, to delete lines 1 to 3 and substitute the following: “ “voluntary winding-up proceedings” means collective proceedings which are solvent as construed in accordance with the definition of “winding-up proceedings” in Regulation 270 of the Regulations of 2015;”. If it pleases and is agreeable to the committee, I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Insolvency Compensation Bill 2024: Committee Stage (3 Jul 2024)

Neale Richmond: Several points were raised. I thank both Deputies for their consistent engagement on this issue. With regard to the money message, we simply have not received that from the Ceann Comhairle's office. The Department of Finance will respond to that if and when it is received, and we stand by that. I know we will be engaging on this matter more specifically on oral questions tomorrow morning.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Insolvency Compensation Bill 2024: Committee Stage (3 Jul 2024)

Neale Richmond: We will engage fully with the Deputy tomorrow morning on that specific issue and we are willing to continue to do so. With regard to the delay in transposition, it should be recognised, and it was stated on Second Stage by a Deputy from a different party, that this piece of work we are trying to do goes beyond the requirements of the directive. We were required to use primary legislation,...