Written answers

Friday, 7 September 2018

Department of Jobs, Enterprise and Innovation

Insurance Costs

Photo of Tommy BroughanTommy Broughan (Dublin Bay North, Independent)
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518. To ask the Minister for Jobs, Enterprise and Innovation the measures she plans to take in response to the findings of the Personal Injuries Commission that personal injuries awards here are multiples of similar awards in the UK; the action she will take to reduce car and vehicle insurance premiums; and if she will make a statement on the matter. [35628/18]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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Apart from motor insurance, which falls under the remit of the Minister for Transport, Tourism and Sport, policy responsibility for insurance is a matter for the Minister of Finance. I, as Minister for Business, Enterprise and Innovation, have no direct policy responsibility for insurance.  However, officials of the Department of Business, Enterprise and Innovation, along with other Departments and Agencies, are members of the Cost of Insurance Working Group chaired by the Minister for Financial Services and Insurance, Mr. Michael D'Arcy T.D.

 The establishment of the Personal Injuries Commission under the remit of my Department was a recommendation from the Cost of Insurance Working Group Report on the Cost of Motor Insurance approved by Government and published in January 2017.

 The Second and Final Report of the Personal Injuries Commission was recently submitted to Minister Donohoe, Minister of State D’Arcy and me.  I propose jointly with Minister Donohoe to bring the Report to Government in September and publish it following its consideration by Government.  It would therefore be inappropriate for me to make any further comment on the Report at this stage.

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