Seanad debates

Tuesday, 20 February 2018

2:30 pm

Photo of Robbie GallagherRobbie Gallagher (Fianna Fail) | Oireachtas source

I would like to raise the issue of insurance costs and the unending upward spiral of premiums for business, farm, household and motor insurance.Following pressure by a number of bodies, including Fianna Fáil, a working group was established to investigate the matter. It concluded its work in January 2017 and made several key recommendations which, in its qualified opinion, were necessary in order that the rising spiral of insurance premiums could be tackled once and for all. I am disappointed to say that, over one year later, we are still waiting for key recommendations to be put in place in several areas. One concerns the establishment of a database of uninsured drivers who were involved in approximately 2,700 accidents in 2017. As insured drivers know, we are all paying for uninsured drivers. It is shameful that one year after it was made we are still awaiting implementation of the recommendation of the expert group that there be a database of uninsured drivers. As the Leader will agree, this is a very serious issue. People are at the end of their tether with year-on-year increases in insurance premiums. I ask him to use his good offices to ensure the recommendations of the expert group will be implemented immediately in order that people will see some reduction in their premiums, rather than being fearful of year-on-year increases.

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