Dáil
‹ Order of Business Insurance costs and reform Bill
Summary
Michael Moynihan said insurance premiums for households and businesses were spiralling and little had been done despite repeated debate. The Taoiseach replied that the insurance Bill had been approved by Cabinet and would be published shortly.
We have discussed the insurance issue as it affects householders, businesses and motor insurance policies over the past several months in this House. Nothing is being done by the relevant Departments. Meetings have been held throughout the country giving the impression that something was happening. Insurance costs are spiralling out of control in every sector of the insurance industry. Do the Minister or the Government understand how serious it is for businesses and for individuals?
