Results 12,261-12,280 of 35,658 for speaker:Pearse Doherty
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Will that be three years for claims and one year for premiums?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: That is helpful. If documentation is provided for several years, people will be able to do the calculations. I thank the Minister of State.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: I move amendment No. 30: In page 9, between lines 35 and 36, to insert the following: “(6) The Central Bank shall report on the addition of public liability insurance to the Non-Life Insurance (Provision of Information) (Renewal of Policy of Insurance) (Amendment) Regulations 2018 within one month of the passing of this Act.”. This amendment is intended to allow...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Yes, it is not being collected. The national insurance claims database only has information on motor insurance at this point.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: My amendment is about ensuring timely progress is made on the inclusion in the national claims information database of public liability and employer's liability insurance. It provides for the production of a report. As I stated, my intention is not to have this in the legislation but to raise the issue and stress the urgency of achieving progress on this matter. We need transparency in...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: That is fine.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: I withdraw my amendment on that basis.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: I will agree to the deletion with the caveat that I want to ensure everything is covered as agreed and I will reserve the right to look at this again on Report Stage.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: I have no issue with deleting section 11(2). This section is important because, as drafted, it will provide for a legal obligation on the insurance company to repay the consumer the balance of the premium for the expired period. The Minister of State's amendment is helpful because it will also require the company to explain why it cancelled the contract. As I said, section 11(2) relates to...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: I am conscious that the Alliance for Insurance Reform, which has done stellar work on this issue, is calling for a 30-day period. What are the Minister of State's views in that regard? The alliance has called for 30 days' notice to be provided in the case of changes to terms and conditions. Does the Minister of State have a view on that?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: If it is not also in the primary legislation, there will be a conflict. Perhaps we should address this on Report Stage.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Will the Minister of State also clarify whether consumers have 20 days' notice in respect of changes to terms and conditions under the amendment as opposed to in respect of the premium? Is a renewal with a different premium considered a change to the terms and conditions or is there an opt-out under this legislation as amended? Could an insurer say that it had not changed the terms and...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: This section places the same obligations on the insurance company post-contract as pre-contract.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Am I correct in saying we are only dealing with amendment No. 39?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: The Minister of State is withdrawing the amendment. I welcome that because I was about to suggest-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: The whole of section 17 will be subject to review. This section places responsibility on the consumer to notify the insurance company of an accident or an insured event within a reasonable timeframe. The legislation states clearly that the consumer must do so provided the terms of the contract are in compliance with section 17. Section 17 is about unfair and onerous terms. This refers to,...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: -----unfair. I do not understand why it was proposed to delete this provision in the first place. If we look to section 13, to which no amendment was proposed, it stated that a consumer shall "be under a duty to pay the premium within a reasonable time", again provided the terms of the contract comply with the requirements of section 17. It should be consistent. The Minister of State is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: That is not amendment No. 45. Amendment No. 45 deletes the lines “Notwithstanding any other provision of this Act, where the consumer makes a fraudulent claim or where fraudulent evidence or information is submitted or adduced in its support or”.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Insurance Contracts Bill 2017: Committee Stage (11 Jul 2019)
Pearse Doherty: Yes. There is no reference to unreasonable delays in that provision.