Results 9,721-9,740 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: That relates to the fleet vehicles?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: I did touch on road safety. Garda traffic numbers are obviously not in the Minister of State's Department, but the working group is obviously cross-departmental. The Garda traffic corps numbers are down. That is acknowledged. When are we going to see more enforcement? We had the Minister, Deputy Ross, in the Seanad yesterday alluding to road safety. The statistics for road safety are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: They are, but insurance payouts are based on claims and accidents. We can argue about the fraud aspect of it. Some people have one view of fraud and others have a more benign view of the level of fraud or do not believe it is as bad as others believe it to be. Ultimately, under the current insurance model, insurance companies pay out based on claims. If there are more claims, it is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: There is always going to be a need for it. It is a legal obligation to have insurance. However, the less the insurance companies have to pay out, the less they have to charge the customers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: Okay. The very first meeting we had with the Minister of State gave us all a bit of a laugh. The Minister of State said that we need to manage expectations. He has alluded to that again today. My insurance is coming up in March and everyone else's will come up at some time during the year. I know the Minister of State might not be able to say it, but what are people supposed to expect...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: People who did not change their cars or jobs and became a year older along with their cars saw 35% to 40% increases in their premiums for no reason other than that is the market and that is it. The insurance companies will say that they are paying out more, there is Solvency II, they priced too little in the first place - all the things we heard over many days of hearings. Is the Minister...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: I have a couple of final points. In terms of co-operation from all of the various players, is the Minister of State finding it more difficult to get engagement or traction with any particular parts of the system? I think he managed to meet all the chief executives of the various insurance companies. In terms of the legal and medical professions and so on, has everyone been co-operative?...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: How did the legal profession, which is sometimes a bit hostile to criticism, perhaps equally as much as the insurance industry-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: In terms of the wider insurance industry, representations were made by both the Licensed Vintners Association and Vintners Federation Ireland, which represent Dublin pubs and rural pubs. Will the Minister of State commit to meeting them? They wanted their issues to be aired here. They have seen huge increases in premiums and massive increases in payouts from insurance companies and they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: They are more concerned with public liability than employer liability. Employer liability is an issue but public liability is the one that really concerns them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: Will the Minister of State ensure that both organisations-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: Deputy Doherty should be aware the committee must be finished by 11 a.m.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: The Deputy still has 20 minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: I have to stop Deputy Doherty now. He will have an opportunity to take this up in the House later.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Gerry Horkan: We received a 30-page update on the recommendations, which will be circulated rather than read into the Official Report and taking up half the meeting. I thank members for their contributions. Deputy Doherty will have an opportunity to pursue this discussion in the House later. Central Bank officials will appear before the committee on Tuesday, 4 April. I thank the Minister of State...

Seanad: Transport and Tourism: Statements (15 Feb 2017)

Gerry Horkan: I welcome the Minister, who is also my local Teachta Dála. He is very welcome back to the Seanad Chamber, where I know he spent many happy years, probably longer than almost anyone else has ever spent here. It is good to see Senators doing well in Cabinet. There are quite a number of former Senators in the current Cabinet. I am pleased to have the opportunity to speak on tourism and...

Seanad: Transport and Tourism: Statements (15 Feb 2017)

Gerry Horkan: I thank Senator Dolan. Senator Maria Byrne has five minutes.

Seanad: Transport and Tourism: Statements (15 Feb 2017)

Gerry Horkan: I thank Senator Byrne. Senator Kevin Humphreys has eight minutes.

Seanad: Transport and Tourism: Statements (15 Feb 2017)

Gerry Horkan: -----

Seanad: Transport and Tourism: Statements (15 Feb 2017)

Gerry Horkan: That is where I live.