Insurance Industry Regulation
Dail Éireann — 2020-09-29
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Pearse Doherty (SF), Donegal

Earlier this month, the Central Bank concluded its phase 1 review of dual pricing and concluded that the majority of insurers in the State were involved in this practice, which acts against their customers. This comes a year after I submitted a dossier to the Central Bank comprising a complaint outlining how this practice affected customers, how it ripped off motorists and homeowners, how it is banned in many other jurisdictions, including in the United States, and how a ban on the practice was being considered in Britain. I put it directly to the Minister during his previous term in Government that this practice should be banned. Does he now believe it has to come to an end? Will he support the legislation I am producing to bring this about?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2020-09-29/debate/main
Retrieved: 2026-08-14T04:48:37+00:00
Sitting date: 2020-09-29