Seanad debates
Wednesday, 5 November 2003
Insurance Industry Reform: Motion.
It is hardly surprising that the State finally decided that it could no longer afford to tolerate the growth of this culture when it was decided to turn over the handling of all claims against it to the National Treasury Management Agency. It will take a long time to destroy the compo culture that has been created. For that reason, I welcome the provision in the proposed legislation that will force people to face up to the consequences of making a false claim. We have no option but to take that approach to counter the signal people have been receiving for too long that it is no harm to chance one's arm. I support this motion and encourage the Government to persevere with the promised legislation and to do so speedily, without delay and hopefully within the next week. It will speed the day when Irish business and people in general can at last throw that yoke off their backs.
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