Written answers
Tuesday, 18 September 2012
Department of Environment, Community and Local Government
Insurance Industry Regulation
Patrick Nulty (Dublin West, Labour)
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To ask the Minister for Environment, Community and Local Government if he will introduce regulations regarding structural insurance, home insurance and insurance for building projects and quarries to ensure that there is adequate consumer protection as per recommendations 22, 16 and 19 in the Pyrite Report; if he will further ensure that the insurer in these instances will be entirely independent of the entity responsible for construction and of the building industry; and if he will make a statement on the matter. [37939/12]
Phil Hogan (Carlow-Kilkenny, Fine Gael)
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My Department has no regulatory function in the area of insurance or insurance based products but will, however, be working with the appropriate regulatory bodies to advance the recommendations in the pyrite report in relation to these issues.
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