Seanad debates

Wednesday, 5 November 2003

Insurance Industry Reform: Motion.

 

Launching its campaign, the chairman of the Alliance for Insurance Reform, Gerard McCaughey, warned that one should not underestimate the legal profession's power or its ability to thwart the wishes of our legislators. He added, however, that the alliance is encouraged by the Government's determination, particularly that of the Minister for Enterprise, Trade and Employment, Deputy Harney and of the Minister for Justice, Equality and Law Reform, Deputy McDowell, to press ahead despite these powerful lobbies. They are strong words but merited in this case. This is another instance of the legal profession acting in the interests of its own members at the expense of the wider national interest. Sooner or later we have to stand up to it and now is the time to do so.

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