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Motor Insurance Insolvency Compensation Bill 2024: Second Stage (13 Jun 2024): Neale Richmond: ...which have been raised today and on which we can provide additional clarity. I reiterate that the Motor Insurance Insolvency Compensation Bill 2024 represents an important enhancement of the protection of motor insurance policyholders in line with the EU’s sixth motor insurance directive. Indeed, this goes way beyond what is simply required under the directive so it is simply...
Motor Insurance Insolvency Compensation Bill 2024: Second Stage (13 Jun 2024): Joe Flaherty: ...22 years here, I will be very happy, but I think it will be harder for me to stay the 22 years. I welcome the legislation and commend the Minister of State's work on it. The Bill will provide protection and timely compensation for motor insurance policy holders in the event of an insurer going insolvent. However, there is a genuine concern that the cost-of-living challenge in recent...
Motor Insurance Insolvency Compensation Bill 2024: Second Stage (13 Jun 2024): Neale Richmond: ..., I am bringing forward this Bill to transpose Articles 10a and 25a of the motor insurance directive, as inserted by the sixth motor insurance directive. The purpose of these articles is to provide protections and allow for timely compensation for Irish motor insurance policyholders in the event of an insurer becoming insolvent. The Bill builds upon the existing insurance compensation...

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