Michael McCarthy (Labour)

An article was published in today's The Irish Times on the profits made by insurance companies. Some 20 companies in the market made combined pre-tax profits of almost €750 million last year. I recognise the amount of debate we have had in the House in the context of the Motor Insurance Advisory Board and the many areas associated with the Department of Enterprise, Trade and Employment, and I thank the Leader for organising those debates. However, after all of the relevant legislation has been passed, I hope we can return to the House in the autumn and look forward to a debate having seen a real decrease in the cost of motor insurance, particularly for younger drivers.

In conclusion, I remind Senators that the printing presses of the Labour Party work quite well. We do not use templates or forged signatures.