Insurance (Houses of the Oireachtas)

Insurance - Health insurance - regulation

Sitting date: 19/10/2017
[Written Answers]...if the regulations on health insurance require that a health insurance company here must take into account the number of years that a person returning here has had with an international health insurance company; and if he will make a statement on the matter. [Q. No(s) 157 to Mini...

Insurance - Health insurance - regulation

Sitting date: 19/10/2017
[Written Answers] Periods of cover on health insurance plans held outside the State are not taken into account for the purposes of waiting periods, as such plans do not comply with health insurance legislation or the key principles of community rating, open enrolment, lifetime cover and minimum bene...

Insurance - Health insurance - issues relating to

Sitting date: 17/10/2017
[Written Answers]...his views on a matter (details supplied) regarding health insurance; and if he will make a statement on the matter. [Q. No(s) 359 to Minister for Health ]

Insurance - Health insurance - issues relating to

Sitting date: 17/10/2017
[Written Answers] Periods of cover on health insurance plans held outside the State are not taken into account for the purposes of waiting periods, as such plans do not comply with health insurance legislation or the key principles of community rating, open enrolment, lifetime cover and minimum bene...

Insurance - Insurance industry - issues relating to

Sitting date: 17/10/2017
[Written Answers]...the reason the government has not agreed to cover 100% of compensation claims against persons (details supplied) ; if this means former customers are now potentially liable for partial costs of claims; if he will reconsider his approach on this issue; and if he will make a statem...

Insurance - Insurance industry - issues relating to

Sitting date: 17/10/2017
[Written Answers] Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. As you are aware, the Supreme Court delivered its judgment on 25 May 2017 a...

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] There is no doubt but that we all agree that PIAB needs to be reformed and that its legislation needs to be updated. There are approximately 30,000 personal injury claims per annum of which only 12,000 go through PIAB. That indicates that there is huge room for improvement and to impro...

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] I ask Deputies and the Minister to keep an eye on the clock. I hate to have to intervene all the time. The Tánaiste has one minute.[An Leas-Cheann Comhairle]

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] The PIAB was established to remove unnecessary personal injuries cases from litigation. Estimates indicate that 70% of cases are now either resolved through the PIAB or settled directly between the parties. In accordance with the Acts, all personal injuries claims must be submitted to ...

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] We have to move on.[An Leas-Cheann Comhairle]

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Oral Answers]...the position regarding introducing legislation to enhance the powers of PIAB in view of the recommendation in the cost of motor insurance report; and if she will make a statement on the matter. [Q. No(s) 3 to Tánaiste and Minister for Business, Enterprise and Innovation ]

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] As the lead Government Minister with responsibility in this area, I ask her for an update on the introduction of legislation to enhance the powers of the Personal Injuries Assessment Board, PIAB, given the recommendation in the cost of motor insurance report. Perhaps the Minister will t...

Insurance - Motor insurance - issues relating to

Sitting date: 12/10/2017
[Questions] On 27 June 2017 the Government gave its approval to the drafting of the personal injuries board amendment Bill 2017 along the lines of the general scheme. The purpose of the personal injuries board amendment Bill 2017 is to amend the existing legislation, to strengthen PIAB in terms of ...

Insurance - Coverage - availability

Sitting date: 10/10/2017
[Written Answers]...the steps he will take to ensure proper and effective regulation of insurance companies on the issue of refusing flood cover; if it will be ensure that cover cannot be refused after adequate flood defence measures have been put in place (details supplied); and if he will make a s...

Insurance - Coverage - availability

Sitting date: 10/10/2017
[Written Answers] I am conscious of the difficulties that the absence or withdrawal of flood insurance cover can cause to homeowners and businesses, and that is one of the reasons the Government has been prioritising investment in flood defences over the last number of years. However, the provis...

Insurance - Insurance industry - issues relating to

Sitting date: 04/10/2017
[Written Answers]...the steps he will take to address alleged cartel like activity in the insurance industry; and if he will make a statement on the matter. [Q. No(s) 94 to Minister for Finance ]

Insurance - Insurance industry - issues relating to

Sitting date: 04/10/2017
[Written Answers] The Competition and Consumer Protection Commission (CCPC) is the statutory independent body responsible for the enforcement of domestic and EU competition law in the State. Section 9(5) of the Competition and Consumer Protection Act 2014 provides that the CCPC is independent in th...

Insurance - Costs - issues relating to

Sitting date: 03/10/2017
[Written Answers]...the progress that has been made in implementing the recommendations of the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach report on the Rising Costs of Car insurance; and if he will make a statement on the matter. [Q. No(s) 112 to Minister for...

Insurance - Costs - issues relating to

Sitting date: 03/10/2017
[Written Answers] The Cost of Insurance Working Group – which is now chaired by Minister of State Mr. Michael D’Arcy T.D. – finalised its Report on the Cost of Motor Insurance in December 2016 and it was published on 10 January 2017. The Report makes 33 recommendations with 71 associated actions to...

Insurance - Insurance Compensation Fund - annual accounts

Sitting date: 28/09/2017
[Written Answers]...the number and value of claims remaining outstanding from the liquidation of a company (details supplied); the number of persons that have received compensation from the insurance compensation fund (ICF) since the Supreme Court decision on the matter; the average proportion of th...

Insurance - Insurance Compensation Fund - annual accounts

Sitting date: 28/09/2017
[Written Answers] Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. As you are aware, the Supreme Court delivered its judgment on 25 May 2017 a...

Insurance - Industry - regulation

Sitting date: 27/09/2017
[Written Answers]...the reason there is no legislation forcing insurance companies to disclose claims statistics to show transparency and justify rising costs. [Q. No(s) 176 to Minister for Transport, Tourism and Sport ]

Insurance - Industry - regulation

Sitting date: 27/09/2017
[Written Answers] This matter falls under the remit of the Minister for Finance as it relates to the collection of claims statistics arising from insurance claims and the legislation governing insurance generally, rather than the specific legislative requirements governing the obligation for motoris...

Insurance - Industry - regulation

Sitting date: 26/09/2017
[Written Answers] The European Commission on 04 July 2017 carried out an unannounced inspection at the premises of companies active in motor insurance in the State. The basis for this inspection was a concern by the Commission that the companies involved may have engaged in anti-competitive practic...

Insurance - Industry - regulation

Sitting date: 26/09/2017
[Written Answers]...if further measures are being taken by the EU Commission and his department to address the alleged cartel like activity and price gouging in the insurance market; and if he will make a statement on the matter. [Q. No(s) 73 to Minister for Finance ]

Insurance - Insurance industry - issues relating to

Sitting date: 26/09/2017
[Written Answers]...when he expects the remaining claims from a company (details supplied) to be settled; and if he will make a statement on the matter. [Q. No(s) 83 to Minister for Finance ]

Insurance - Insurance industry - issues relating to

Sitting date: 26/09/2017
[Written Answers] Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. As you are aware, the Supreme Court delivered its judgment on 25 May 2017 a...

Insurance - Insurance Compensation Fund - annual accounts

Sitting date: 21/09/2017
[Written Answers]...her plans for persons that are granted damages against defendants that are insured by a company (details supplied) in view of the recent Supreme Court decision that they will be paid from the insurance company fund in cases in which the amount recoverable is capped at 65%; and if...

Insurance - Insurance Compensation Fund - annual accounts

Sitting date: 21/09/2017
[Written Answers] Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Supreme Court delivered its judgment on 25 May 2017 and overturned the ...

Insurance - Fraud - issues relating to

Sitting date: 20/09/2017
[Written Answers]...if he will consider recommending that insurance companies show the actual cost of insurance fraud on each individual insurance premium, in view of the fact that highlighting the actual cost to a person's insurance may increase the number of persons that report insurance fraud and...