I also welcome the opportunity to speak on this Bill. Insurance companies have ripped off the public for too long. The insurance sector made profits of €142 million last year, yet premium prices kept increasing. This Sinn Féin legislation would force insurance companies to pass on savings to their customers and reduce premium prices as a result of new personal injury guidelines. A recent survey by Sinn Féin found that 58% of respondents had seen their premiums increase. This is despite the new guidelines. Our legis…