Results 521-540 of 6,295 for speaker:Michael D'Arcy
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: The LRC reports that Deputy Pearse Doherty has provided a Bill, the Consumer Insurance Contracts Bill 2017. This Bill will be on Committee Stage before the end of this term. We are attaching this measure to that Bill.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: I do not have the answer to that. I will revert to the Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: I thank the Senator. The Government is absolutely not dragging its heels on this. The PIC report was published last September. We anticipated that this would be done by the end of 2018. That did not happen. Deputy Pearse Doherty highlighted the filibuster that has taken place. The Judicial Appointments Commission Bill 2017 was originally ahead of the Judicial Council Bill 2017. It was...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Is the Chair referring to motor insurance?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Chairman, I have to be-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: The Chairman correctly notes that the individual who is in charge of a business is not interested in the pathway but I have to be. I am talking about the pathway to how we get the reform done. I am obliged to be interested. I am obliged to adhere to the principle of separation of powers. I am obliged to highlight that the State does not have any role in the pricing of insurance products....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Can I respond to the point, Chairman? I do not wish to forget my answer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: The Chairman does have people beside him.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: No. That is being attached to the legislation that Deputy Pearse Doherty has developed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: As I have said, we could not get them to do it. As they would not do it voluntarily, we are adding it to the legislation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Everything that we are doing with almost the entire sector is done with kicking and screaming.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: That is the position in which I find myself.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: I cannot make them answer, Chairman.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: To respond to the question of whether one sector can hold all the other sectors, the one dynamic of all the sectors is the level of awards. If somebody is injured in a mart and ends up in court, the level of the award causes the damage. If it is an accident involving a taxi, it could be the same injury, such as a broken arm or leg or whatever the case may be, but the high level of awards is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: No, it is not entitled to know.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: It is not entitled to know.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: That is what we are doing with the provisions attached to Deputy Pearse Doherty's Bill.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: The Chairman has told me to require insurance companies to disclose awards and that is what we are doing.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Cost of Insurance Working Group: Minister of State at the Department of Finance (13 Jun 2019)
Michael D'Arcy: Whether or not they co-operate with me, if I have to pass legislation to make such provisions, I will do so. We thought we would bring them to a point where they would do so voluntarily but that turned out to be wrong. We decided-----