Results 12,661-12,680 of 36,748 for speaker:Pearse Doherty

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (13 Nov 2019)

Pearse Doherty: There is something wrong. The insurance industry is ripping off its customers. It is doing so through dual pricing, exaggerated costs, and the misleading information it puts into the public domain. We need to get a grip on this issue and to deal with it. It is up to the Government to take this industry to heel.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (13 Nov 2019)

Pearse Doherty: Will the Minister publish that commitment?

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: State Aid Investigations (13 Nov 2019)

Pearse Doherty: 31. To ask the Minister for Finance the legal fees and the companies and firms to which the fees have been paid disaggregated by amount paid to each firm in the appeal case regarding the ruling of the European Commissioner for Competition in 2016 on illegal state aid in respect of a company (details supplied); and if he will make a statement on the matter. [46893/19]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: State Aid Investigations (13 Nov 2019)

Pearse Doherty: To refer to the last question, there is no written commitment from the industry as there was in the past. I know that only too well. If there is, I would love to see it published. With regard to Question No. 31, there is €14.3 billion sitting in an escrow account which, according to the European Commission, is owed in tax to this State. The Minister's Government is fighting against...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (13 Nov 2019)

Pearse Doherty: 29. To ask the Minister for Finance his plans to implement further reforms in view of the rising costs of insurance and the escalating crisis in the market and if he will make a statement on the matter. [46847/19]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (13 Nov 2019)

Pearse Doherty: The insurance crisis gripping this State is one that affects all sectors and regions. We know it is squeezing incomes, crippling businesses, damaging communities, hitting jobs and putting serious pressure on motorists. A recent survey by Public Participation Networks found that 83% of groups in the voluntary and community sector were hit with insurance hikes in the past three years....

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (13 Nov 2019)

Pearse Doherty: The CSO carries out an examination on the basis of one premium. The insurance industry actually looks at how much it charges across every motor vehicle and gives the average price. Its statistics show that the cost of motor insurance did not decrease from 2016 to 2017 but instead increased so I ask the Minister of State to look at the data, accept the facts and stop giving out misleading...

Written Answers — Department of Finance: Insurance Industry Regulation (13 Nov 2019)

Pearse Doherty: 40. To ask the Minister for Finance if he will engage with the Central Bank over the use of dual pricing by the insurance industry; and the measures he will take to ensure semi-State companies, such as An Post, do not practice dual pricing. [46690/19]

Written Answers — Department of Finance: Legal Costs (13 Nov 2019)

Pearse Doherty: 52. To ask the Minister for Finance the amount of legal fees, and the companies and firms to which the fees have been paid, disaggregated by amount of fees paid to each firm, in the appeal case regarding the 2016 ruling by the Competition Commissioner on illegal state aid in respect of a company (details supplied); and if he will make a statement on the matter. [46687/19]

Written Answers — Department of Finance: Credit Unions (13 Nov 2019)

Pearse Doherty: 57. To ask the Minister for Finance the way in which the industrial funding levy on credit unions will be applied in the coming years; if he will consider exempting credit unions from the levy in view of their social impact; and if he will make a statement on the matter. [46689/19]

Written Answers — Department of Finance: NAMA Operations (13 Nov 2019)

Pearse Doherty: 67. To ask the Minister for Finance the expected NAMA surplus to be transferred to the Exchequer in 2020; the way in which it will be utilised; and if he will make a statement on the matter. [46688/19]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: I welcome our guests from the Central Bank of Ireland back to the committee. I know they were with us just last week so I appreciate them coming back again. I am delighted the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach has started our own process of having hearings on dual pricing. When I asked the committee to carry out this type of investigation on 24...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: Of course.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: We might get to that because I want to find out exactly what the scope of this is. The Central Bank will investigate this in industry at large. Will it investigate its prevalence in the insurance market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: I understand that phase 1 will gather that data and phase 2 will look at the impact on customers. Will this include the impact on vulnerable customers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: Before I talk about the CCPC, will Ms Rowland clarify whether all options relating to phase 4 - what I would call the recommendations - are on the table, including the banning of dual pricing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: The question I asked was if the option of banning dual pricing will be on the table if the analysis and evidence suggests it. Ms Rowland is saying that all options are on the table at this point.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: I have sent my complaint to the CCPC also and I have met with the director of consumer protection there. There is a memorandum of understanding between the Central Bank and the CCPC where they can carry out joint work. Is this piece of work not a shining example of where the CCPC can assist the Central Bank in the investigation that the Central Bank is about to undertake on the effect the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: Ms Rowland referred to the FCA, which found very clearly that dual pricing was affecting vulnerable customers. Would that be correct in the-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Pearse Doherty: I appreciate that. My time is limited but I will read a part of the FCA-----