Results 7,561-7,580 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Children and Youth Affairs: Ministerial Meetings (21 Nov 2019)

Michael McGrath: 236. To ask the Minister for Employment Affairs and Social Protection the number of times she has met with insurance companies and Insurance Ireland since 1 January 2016; the date of each meeting; the persons or bodies she met with; the purpose of each meeting in tabular form; and if she will make a statement on the matter. [48301/19]

Written Answers — Department of Housing, Planning, and Local Government: Ministerial Meetings (21 Nov 2019)

Michael McGrath: 259. To ask the Minister for Housing, Planning, and Local Government the number of times he has met with insurance companies and Insurance Ireland since 1 January 2016; the date of each meeting; the persons or bodies he met with; the purpose of each meeting in tabular form; and if he will make a statement on the matter. [48305/19]

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Expenditure (21 Nov 2019)

Michael McGrath: 269. To ask the Minister for Housing, Planning, and Local Government the amount paid in each year since 2016 by each local authority on personal injury claims in tabular form; the mechanism by which personal injury claims are paid by local authorities; and if he will make a statement on the matter. [48454/19]

Written Answers — Department of Housing, Planning, and Local Government: Local Authority Expenditure (21 Nov 2019)

Michael McGrath: 270. To ask the Minister for Housing, Planning, and Local Government the amount paid out by each local authority in each year since 2016 on public liability insurance and for employers liability insurance; and if he will make a statement on the matter. [48455/19]

Written Answers — Department of Culture, Heritage and the Gaeltacht: Ministerial Meetings (21 Nov 2019)

Michael McGrath: 273. To ask the Minister for Culture, Heritage and the Gaeltacht the number of times she has met with insurance companies and Insurance Ireland since 1 January 2016; the date of each meeting; the persons or bodies she met with; the purpose of each meeting in tabular form; and if she will make a statement on the matter. [48298/19]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: I welcome our guests and thank them for their opening statements. I might start at a broader level with Mr. O'Leary. He referred to an investigation that was being undertaken by the CCPC into potential price signalling by the insurance industry in the motor insurance market. That investigation is over three years old. Will Mr. O'Leary update the committee on where it stands and what...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Will Mr. O'Leary remind us who is being investigated and what the CCPC is investigating?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Does that imply that, if the CCPC finds evidence of price signalling and its conclusion confirms same, industry parties are signalling to one another what direction prices are going to go, thereby bringing about a level of co-ordination? Is that the central allegation being investigated?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Is the CCPC's field work complete? Are we talking about files that are at a very advanced stage and on which the CCPC is close to making decisions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: If the CCPC believes that there is sufficient evidence to point to price signalling, what are its options and what are the potential sanctions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Apart from getting a commitment from firms that they will not do this again, what is the ultimate sanction available if the CCPC goes to court?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: No financial fines, no individual accountability, no firm sanctions as such.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Could this investigation lead to a criminal investigation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: What role does the CCPC have in supporting the work of the European Commission in the latter's investigation, which centres on the issue of potential barriers to entry to the Irish market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: What will the public see of the CCPC's investigation? Will there be a published report in the coming weeks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Who is subject to the investigation? Are certain individual insurance companies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: Are representative bodies such as Insurance Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: I will turn to Mr. Hassett about the story being run by RTÉ's "Morning Ireland" programme regarding ghost brokers. One of Insurance Ireland's member firms, Aviva Ireland, has spoken about it publicly. What is the industry's experience of that issue and what can Mr. Hassett tell us about it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: As to how it works, the insurance company is paid for the policy but it may be paid for by a stolen card or stolen bank details. As the insurance company is paid, is there a valid insurance policy in place?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)

Michael McGrath: In which case that broker does not pay the company. They just fabricate documentation.