Seanad debates
Wednesday, 2 July 2003
Forfás Consumer Pricing Report 2003: Statements.
The Government is dealing with the important issue of high insurance premia. The Tánaiste is undertaking specific measures to address the issue, such as the implementation of the recommendations in the Motor Insurance Advisory Board action plan within a target timeframe and the establishment of the personal injuries assessment board. The chairperson and ordinary members of an interim PIAB board were appointed on 27 November 2002. The Government recently approved the drafting of the general scheme of the Bill to place the PIAB on a statutory footing and it is hoped to enact the legislation by the end of the year.
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