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

Rose Conway Walsh: Not yet, but it is improving. What Mr. Redmond stated was interesting. When people arrive at an airport such as Knock - or any airport - they need car rentals, particularly if one wants to open up the Wild Atlantic Way. It is all connected, similar to the connection with the wider economy mentioned by Ms Murphy. Not only visitors are affected, as it is also a penalty on our returning...

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

Rose Conway Walsh: I thank the witness for the clarification as it is an important point. It is clear Mr. McDonnell has put much thought into the presentation and Freight Transport Association Ireland has given us 52 recommendations, some of which are common sense and can be done, although I might have a slight issue with others. However, even if all 52 were implemented tomorrow, as long as the insurance...

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

Rose Conway Walsh: I thank the witnesses for their presentations. I agree with a lot of their analysis, particularly the clearing up of the so-called facts that have had too much influence on this debate to date. That is not to say that, as part of the system which includes politicians, insurers and others, there is no role for legal practitioner to play in reducing premiums. That is not to say that, as part...

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

Rose Conway Walsh: Does the uniformity in the approach from insurance companies in premiums cause Mr. Murphy concern? This is of concern to people and we need to bring it down to people because, at the end of the day, people are our main concern. This is relevant for those people who are injured and those whose premiums are increasing. That includes those who are injured, and the way they are being treated....

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

Rose Conway Walsh: It related to the uniformity of approach. Is Mr. Murphy concerned about that? Does he believe it is worth investigating or that it warrants investigation?

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

Rose Conway Walsh: The other question related to costs. I am concerned about the view coming from Mr. Murphy to the effect that there is nothing the legal profession can do about the rising costs of insurance companies. We do not believe that to be the case in the context of reduction of legal costs and the competitiveness of the sector.

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

Rose Conway Walsh: As long as there is not uniformity there.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: I thank the witnesses for their presentations. It is very important to hear all the different perspectives. Is Mr. Faughnan concerned about the stability of the insurance industry as it is at the moment? Leading on from the lack of transparency around it, one of the questions since the failures of Setanta and Enterprise Insurance is who will be next. Consumers need reassurance when they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: I thank Mr. Jewell and Mr. O'Rourke for their attendance today. I found their contribution very interesting and welcome the submission they made to the committee. It is a welcome tonic in the face of some of the absurd claims that are being made about the reasons behind the hikes in insurance costs. The witnesses have made a powerful case that the insurance industry has many of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: I would like to ask another question about the data that are available. The necessary actuarial expertise does not seem to be available to the Government or the Central Bank to facilitate a proper independent analysis of this area. Do the witnesses think it would be worthwhile to invest in such expertise?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: There is a huge issue concerning returning emigrants. If I go to other countries, I can get a no claims bonus letter from an insurance company here, which is recognised abroad. It is even recognised in other countries by some of the insurance companies that operate here, yet in this country they will not recognise such a letter from a company abroad. What is the explanation for that? Huge...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: I thank all of the delegations for their presentations. The representatives will appreciate that much of what we have heard is in line with what we have been hearing all day and what we heard yesterday. In any event, it is interesting to hear the different perspectives. I agree with almost all of them. It was interesting to hear Mr. Fielding's comment to the effect that claims have only...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Rose Conway Walsh: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Rose Conway Walsh: I thank the Minister of State for his presentation. People want the cost of their insurance to come down. They feel they are being exploited by insurance companies and our job is to find out why. Transparency is the key word because people remember when they were told that the fundamentals of the economy were sound and the banks were stable and they have the same concerns now about the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Rose Conway Walsh: In regard to people being of the view that they are bailing out the insurance companies, it might be helpful if we could get an aggregate figure of the monetary value of the marginal increases from the insurance companies such that we would know the hole that is being filled by people in terms of what is coming out of their pockets.

Seanad: Order of Business (21 Jul 2016)

Rose Conway Walsh: The Senator can see that the Cathaoirleach is visibly upset.

Seanad: Order of Business (21 Jul 2016)

Rose Conway Walsh: I want to update people about Mary, the cancer patient awaiting vital treatment, about whom I spoke yesterday. She is at home today awaiting treatment. She must ring University College Hospital Galway between 12 noon and 1 p.m. in the hope that she may get a bed.

Seanad: Order of Business (21 Jul 2016)

Rose Conway Walsh: No. With the greatest respect, I do not want an answer but, rather, a bed for the patient. I acknowledge the help that I have received from the Leader in trying to secure a bed. I appreciate what the Cathaoirleach said about a Commencement debate but I felt it was important that I raised this matter yesterday. Not only to raise it on behalf of Mary but also on behalf of all of the other...

Seanad: Order of Business (20 Jul 2016)

Rose Conway Walsh: The lack of beds in hospitals in the west, and in University Hospital Galway in particular, has been raised here previously. I had not intended to raise this issue again but I am doing so on foot of a telephone call I received this morning from a young woman called Mary, who was diagnosed with lymphoma four weeks ago and whose experience underlines the human difficulties being caused by the...

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