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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Others have said today that the increase has been in the order of 20%, or one fifth.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: How recently did that start to happen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Festivals and events take place in locations like town squares, town plazas, urban parks and areas that are controlled by local authorities. In the good old days before the recession and the increase in personal injury claims, the level of public indemnity or public liability for a local authority would have been in the order of €1.3 million or €1.6 million.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Mr. Croffy is going back a bit.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: What is it now?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: I ask Mr. Sinclair to speak on the same topic.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: That is in the past year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Are we in an insurance crisis as we speak? I refer to all of Mr. Sinclair's members.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: The problem with insurance is that a multitude of solutions have been mentioned. We need to get that down to a couple of key things that need to be done now. If Mr. Boland was in control, and if doing anything was within his gift, what would he like to see being done now?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Yes, Mr. Boland is.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: That is fine.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: That is fine.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: That is fine. I thank Mr. Boland.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: I thank Mr. McMahon and Mr. Cahalan for their presentations. We have been dealing with insurance all day. We have been considering the insurance industry for years. Premiums appear to be continuing to rise and the cost increasing. An issue that arose in the course of earlier contributions is the process by which claims are settled. There is a perception that the insurance companies are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Will Mr. Cahalan give the committee an outline of the process? We have had a general discussion but we never get into the detail of the process.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Let me give an example, if FBD is paying out €20,000 on a claim, how much of that will go on legal fees?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: What is the limit of the District Court? When a case goes from the District Court to the Circuit Court what is the limit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Where a judge rules that a case is awarded €25,000.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

Kieran O'Donnell: Where would that case be heard?

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