Results 12,421-12,440 of 36,748 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Mr. O'Leary stated insurance companies do not reward loyalty. One could even argue that they punish loyalty. What is the basis for that statement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: What role does Mr. O'Leary envisage the CCPC having in the work that is under way by the Central Bank? Both organisations have a consumer protection role. Does Mr. O'Leary believe they work in silos or do they have a complementary role?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: When does Mr. O'Leary expect the work the CCPC is doing on dual pricing will be complete and when does he expect to release an interim report?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I thank Mr. O'Leary for that. I may come back later with further questions. I welcome the representatives of Insurance Ireland to the committee. The body indicated that it had nothing to offer our deliberations but I am pleased it accepted our subsequent request. Insurance Ireland has been busy in recent days. It hosted a conference on fraud and the compensation culture in Ireland. What...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Just on that-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: If Mr. Hassett does not mind, I will give him the accurate figures. It is 255,000 as opposed to 250,000, and that fell to 200,000 as opposed to 205,000.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I wish to speak on that point. I was going to come to that question.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: To substantiate that claim, in terms of the continued increase in costs, will the witnesses outline to the committee the total number of settlements for personal injuries in 2014 either in the courts or through the Personal Injuries Assessment Board and the total number that have been paid out by insurance companies in 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I am sorry to interrupt, but can I get-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: That is not the question. Let me repeat the question. Mr. Hassett has already confirmed that the number of motor insurance claims has dropped by 22% between 2014 and 2017, with 55,000 fewer claims.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: He then argued that it is about the awards made in those cases. I ask Mr. Hassett to put on the record of the committee the total amount of awards paid out through the Courts Service and through the Personal Injuries Assessment Board for 2014 and the total amount paid out in 2018 to validate the claim he has just made to the committee.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: We understand.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: What are the different parts? I have asked twice and will ask for a third time about the Courts Service and PIAB. What is the other part of the claims settlement process? Is it just the insurance companies themselves?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Outside of courts and PIAB, on which Insurance Ireland is refusing to give the total figures-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: -----what is the other part of settlement of claims? Is it just the insurance companies themselves?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Outside the courts and PIAB, is it the insurance company that agrees a settlement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: I will ask for the third time. If the witnesses do not want to put the figures on the record, I will put the figures on the record. I am not asking about individuals or the fact that a whiplash got paid a certain amount. What is the total amount the insurance sector paid out in personal injury claims through the courts and through PIAB in 2014 compared with 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Is it fair to say that between the Courts Service and the Personal Injuries Assessment Board, which deal with all claims outside the insurance industry itself settling the claim, there has been a 15% drop in the total amount of payouts for claims by insurance companies through the years 2014 to 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: There has been a 22% drop in the number of people making claims and a 15% drop in the number of claims that are being paid out, outside the insurance industry itself that is settling claims between insurance companies or claimants. During that same period from 2014 to 2017 by how much have motor insurance premiums increased?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (Resumed) (21 Nov 2019)
Pearse Doherty: Is it windscreens that are driving the problem and not personal injuries?